La resposta curta
On a $350,000 property renting for $2,500/month with $800/month in expenses, cap rate is 5.4% and gross yield is 8.57% — two different numbers because gross yield ignores expenses entirely. With no mortgage entered, monthly cash flow is a healthy $1,575. Add a $2,000/month mortgage payment and cash flow flips to -$425 — the same property, profitable unlevered but underwater once financed.
Key takeaways
- Aquesta calculadora pren el pagament mensual de la hipoteca com a entrada directa: introduïu 0 dòlars per veure una devolució sense palanca (tot en efectiu) o el vostre pagament real per veure la imatge de palanca.
- Gross yield (8.57% here) only divides rent by price. Cap rate (5.4%) nets out operating expenses first — always check both, since gross yield alone overstates true return.
- The same $350,000 property swings from +$1,575/month cash flow with no mortgage to -$425/month with a $2,000 mortgage payment — a reminder that financing terms can make or break a deal that looks fine on paper unlevered.
- NOI (18.900 dòlars anuals en aquest exemple) és el nombre que alimenta tant la taxa de límit com, un cop es resta el servei del deute, el flux d'efectiu;
Taxa màxima vs. rendiment brut
Gross yield = annual rent ÷ price = $30,000 ÷ $350,000 = 8.57%
NOI = ingressos efectius − despeses = 28.500 $ − 9.600 $ = 18.900 $
Tarifa màxima = NOI ÷ preu = 18.900 $ ÷ 350.000 $ = 5,4%
Gross yield is the fastest, roughest screening number — just rent divided by price — and it is easy to compute for any listing without knowing expenses. But it ignores vacancy, taxes, insurance, and maintenance entirely, so it always overstates the real return. Cap rate takes those costs into account by starting from NOI instead of gross rent, which is why it lands nearly 3.2 percentage points lower in this example (5.4% vs. 8.57%). When comparing properties, gross yield can rank two deals in the wrong order if their expense ratios differ — cap rate is the more reliable number.
How the mortgage input changes everything
A diferència de les calculadores que creen un pagament hipotecari a partir d'un import i una taxa de préstec, aquesta us demana directament el vostre pagament mensual de la hipoteca, cosa que fa que sigui fàcil veure exactament com el finançament canvia un acord d'altra manera idèntic:
| Escenari | Monthly Cash Flow |
|---|---|
| All-cash (no mortgage) | $1,575.00 |
| Hipoteca de 2.000 $/mes | -$425.00 |
Cap rate and gross yield never change with the mortgage input — they are both calculated before debt service. Only cash flow moves. That separation is useful: it lets you evaluate whether a property is fundamentally sound (via cap rate) independent of how you plan to finance it, then layer your actual or hypothetical mortgage payment on top to see what it does to monthly cash flow.
Related calculators
- Calculadora d'inversions immobiliàries — builds the mortgage from a loan amount and rate, plus a 5-year projection.
- Calculadora d'hipoteques — Trobeu el pagament mensual exacte per connectar-lo a aquesta calculadora.
- Calculadora de lloguer vs — for evaluating a home to live in rather than rent out.