Calculator
Ontario rental property cash flow calculator
What your rental leaves after every cost, a month and a year: run it yourself, with us finding the tenants, or fully managed. Your figures, and our fees with HST.
- Every cost, line by line
- Our fees with HST, nothing hidden
- No email needed
Your numbers
What does it really leave you?
Enter the rent and what the home costs you; leave out what doesn’t apply. The answer shows the four ways to run it side by side, with every figure behind them.
Rental cash flow calculator
Your figures and our price list (HST, 13%, added to our fees). General information, not financial or tax advice: income tax, interest deductions and capital cost allowance are left out. Your written agreement is what counts.
How it works it out
Plain arithmetic, every step shown.
The same way we go through a property’s numbers with an owner.
Rent
Twelve months, less the empty weeks
Between tenants a home sits empty while it’s cleaned, shown and leased. Two weeks a year is about one empty month every two years.
Costs
Tax, condo fees, insurance, repairs, mortgage
Repairs are set aside as a share of the rent collected: a common rule of thumb is 5% to 10%, more for an older home. The whole mortgage payment counts, though the part that pays down the loan is still yours.
Our fees
8% or 10% of the rent collected, plus HST
Management is charged on the rent actually collected, so never on an empty month. Tenant placement is one month’s rent plus HST for each new tenant, spread here over the years a tenant usually stays.
Every fee in full: our pricing
Left out
Income tax, and your own time
Rental income is taxed after expenses, mortgage interest and capital cost allowance, so ask your accountant for the after-tax figure. Running it yourself costs time too: showings, rent, repairs and the paperwork.
Questions
Cash flow questions.
Is a negative cash flow normal for a GTA condo?
It’s common for a condo bought in the last few years with a large mortgage: the payment, condo fees and tax can add up to more than the rent. Owners carry the difference while the loan is paid down and the rent goes up over the years.
Why is management charged on the rent collected?
So our fee follows your income: when a home is empty, or a tenant doesn’t pay, there is no management fee for that month.
Can you go through my numbers with me?
Yes. A free rental review prices the rent from today’s market and goes through the costs with you, line by line. Book a free rental review.
Free rental review
Want the rent side priced properly?
A free rental review looks at your actual home and the listings around it, and gives you a rent range to put into the numbers.
Rental review · Sample
2-bedroom condo, Mississauga
- Rent range: $2,500 to $2,650 a month, from current listings nearby
- First fixes: fresh paint in the living room; replace the bathroom fan
- Your costs: tenant placement, one month’s rent + HST
Every review is written for one home.