Rental property returns and income tax calculator
Use our free rental property calculator to estimate your returns and cash flow.
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Annual Profit & Loss $11,273
| Annual Rent | $24,000 |
| Vacancy | $1,973 |
| Net Rent | $22,027 |
| Taxes | $5,250 |
| Annual Insurance | $1,200 |
| Repairs & Maintenance | $1,762 |
| Property Management | $1,542 |
| Leasing Fees | $1,000 |
| Total Expenses | $10,754 |
| Net Operating Income (NOI) | $11,273 |
| Cap Rate | 3.22% |
Financed Return (ROI) 0.94%
After Tax Returns 3.98%
How is rental income taxed?
Rental income is taxed as ordinary income. This means that if an investor is in a 22% marginal tax bracket and their rental income is $5,000, the investor would end up paying $1,100.
Here's the math we used to calculate that tax payment: $5,000 x .22 = $1,100.