{
  "id": "rental-property-calculator",
  "version": "7.0.0",
  "name": "Rental Property Calculator",
  "shortName": "Rental Property",
  "description": "Analyze the profitability of a rental property including Net Operating Income (NOI) and Cash Flow.",
  "category": "Finance",
  "categorySlug": "finance",
  "keywords": [
    "rental",
    "property"
  ],
  "status": "live",
  "workStatus": "pending",
  "reviewStatus": "pending",
  "migrationStatus": "migrated",
  "migratedDate": "2026-08-18",
  "engine": "legacy-react",
  "creator": null,
  "reviewer": null,
  "quality": {
    "availability": "live",
    "technicalReviewRecord": "/reviews/rental-property-calculator.json",
    "qualifiedReview": "pending",
    "qualifiedReviewer": null,
    "qualifiedReviewDate": null,
    "formulaVersion": "7.0.0",
    "referenceCoverage": "references-pending",
    "releaseTestScope": "Catalog and regression checks are not a professional formula audit; consult release evidence.",
    "historicalMetadataDate": "2026-08-18",
    "historicalMetadataNotice": "The imported date is not evidence of a completed human review."
  },
  "urls": {
    "page": "/calculator/rental-property-calculator/",
    "definition": "/calculator/rental-property-calculator/definition.json",
    "schema": "/calculator/rental-property-calculator/schema.json",
    "llms": "/calculator/rental-property-calculator/llms.txt",
    "legacyDefinition": "/calculator/rental-property-calculator.json"
  },
  "queryExample": "https://askcalculators.com/calculator/rental-property-calculator/?purchasePrice=250000&rent=2200&vacancyRate=5&expenses=800&mortgage=1100&downPayment=50000&closingCosts=7500",
  "queryParameters": {
    "purchasePrice": {
      "label": "Purchase Price",
      "type": "number",
      "required": false,
      "default": 250000
    },
    "rent": {
      "label": "Monthly Rent",
      "type": "number",
      "required": false,
      "default": 2200
    },
    "vacancyRate": {
      "label": "Vacancy Rate",
      "type": "number",
      "required": false,
      "default": 5
    },
    "expenses": {
      "label": "Monthly Expenses",
      "type": "number",
      "required": false,
      "default": 800
    },
    "mortgage": {
      "label": "Monthly Mortgage",
      "type": "number",
      "required": false,
      "default": 1100
    },
    "downPayment": {
      "label": "Down payment",
      "type": "money",
      "required": false,
      "default": 50000
    },
    "closingCosts": {
      "label": "Closing and initial costs",
      "type": "money",
      "required": false,
      "default": 7500
    }
  },
  "inputs": [
    {
      "id": "purchasePrice",
      "label": "Purchase Price",
      "type": "number",
      "defaultValue": 250000
    },
    {
      "id": "rent",
      "label": "Monthly Rent",
      "type": "number",
      "defaultValue": 2200
    },
    {
      "id": "vacancyRate",
      "label": "Vacancy Rate",
      "type": "number",
      "defaultValue": 5
    },
    {
      "id": "expenses",
      "label": "Monthly Expenses",
      "type": "number",
      "defaultValue": 800
    },
    {
      "id": "mortgage",
      "label": "Monthly Mortgage",
      "type": "number",
      "defaultValue": 1100
    },
    {
      "id": "downPayment",
      "label": "Down payment",
      "type": "money",
      "defaultValue": 50000,
      "min": 0
    },
    {
      "id": "closingCosts",
      "label": "Closing and initial costs",
      "type": "money",
      "defaultValue": 7500,
      "min": 0
    }
  ],
  "outputs": [
    {
      "id": "result",
      "label": "Result",
      "format": "text",
      "primary": true
    }
  ],
  "formula": {
    "expression": "Effective gross income = scheduled rent × 12 × (1 − vacancy); NOI = effective income − operating expenses; cash flow = NOI − debt service; cap rate = NOI ÷ price."
  },
  "examples": [
    {
      "label": "Reproducible default-input example (not a personal recommendation)",
      "inputs": {
        "purchasePrice": 250000,
        "rent": 2200,
        "vacancyRate": 5,
        "expenses": 800,
        "mortgage": 1100,
        "downPayment": 50000,
        "closingCosts": 7500
      }
    }
  ],
  "sources": []
}