Should I include mortgage paydown as part of the return?

This calculator focuses on rental income and appreciation; if you want to include equity built through mortgage paydown, add it to the appreciation field.

Real Estate ROI Calculator

Real Estate & Mortgage

Calculate the return on investment for a rental property, including income and appreciation.

Display currency

Changing the display currency only changes the symbol shown — amounts aren't converted, since this tool doesn't use live exchange rates.

Total cash invested

Years held

Total net rental income over the period

Property value appreciation

Total return

ROI: 0%

Annualized ROI: 0%

How this is calculated

Total Return = Net Rental Income + Property Appreciation over the holding period. ROI = Total Return ÷ Total Cash Invested × 100, with an annualized figure accounting for the holding period.

Frequently asked questions

Should I include mortgage paydown as part of the return?: This calculator focuses on rental income and appreciation; if you want to include equity built through mortgage paydown, add it to the appreciation field.

Rental Yield Calculator

Calculate the gross and net rental yield of an investment property.

House Flip Profit Calculator

Calculate the net profit and ROI on a house-flipping project.

ROI Calculator

Calculate return on investment, with an annualized ROI option for multi-year holdings.