Calculators For investors
For investors
For investors
Will the rent cover it?
A quick, focused check. Does the rent cover the cost of holding this property each month, or will you be topping it up from your own pocket? For the full picture including reserves, use the cash flow calculator.
Rent and holding costs
Preloaded with a GTA condo example. Everything stays on your device.
$
months empty per year, as a %
%
Monthly carrying costs
$/ mo
$/ mo
$/ mo
$/ mo
% of rent, 0 if self-managed
%
Monthly surplus or shortfall
$0
the rent covers 0% of your carrying costs
Effective rentCarrying cost (the mark)
Effective rent$0
Carrying cost$0
Coverage$0
Coverage ratio0%
What makes up the carrying cost
Mortgage$0
Property tax$0
Insurance$0
Condo fees$0
Maintenance$0
Management$0
Jay Patel
REALTOR® · GTA
If the rent does not quite cover it, that is not automatically a no, but you should go in with eyes open. Message me and we will look at the real numbers together.
A quick, honest note. This is an educational estimate, not financial or investment advice. Coverage looks only at whether the rent meets your monthly holding costs, it does not include the capital expense reserve, one-time repairs, or the return you earn from appreciation and principal paydown. For the fuller picture use the cash flow calculator, and for your specific property, message me. Your lender and your own quotes confirm the real figures.