The truth is, finding a real estate property that generates the income you’re hoping for might be tricky without a real estate calculator.
If your plan is to invest in real estate in 2022, this guide is the right place to start. We are going to cover how different types of real estate calculators can help new investors pick out the best real estate property and stay ahead of the game. So, be sure to continue reading.
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Types of Real Estate Calculators
In simple terms, real estate calculators are there to allow you to pick out the property with the highest earning potential—because that’s the goal, right? But it’s worth noting that different calculators use different metrics to establish whether the property is worth the purchase. So, let’s check them out below, shall we?
Airbnb Calculator
The Airbnb calculator is Mashvisor’s tool, which provides investors with Airbnb analytics and data needed to make the best investment for short-term renting. The calculator provides you with information about the potential income, cash flow, cap rate, and rental comps, along with the best financing method for you.
The calculator also estimates all the property expenses you will be required to pay. Even more so, it includes the startup costs—such as repairs, furniture, closing costs, inspections—and the monthly fees, including taxes, insurance costs, cleaning, utilities, and HOA dues.
Airbnb Investment Calculator
Investing in short-term rental property could generate a higher income than a traditional rental property—which is precisely why this method is growing in popularity. Determining how much you can make with a short-term rental becomes significantly easier with the Airbnb investment calculator.
This Mashvisor tool enables you to make a well-informed decision as it provides you with all the Airbnb metrics you need. It also factors in the Airbnb cash flow, which is essentially the difference between the property expenses and the property income. Besides the cash flow, this tool offers information about the cash on cash return and the cap rate.
Mashvisor’s real estate calculators can help investors estimate the profitability of a property if they turn it into a traditional rental or Airbnb.
Airbnb Occupancy Rate Calculator
Many investors will argue that the occupancy rate is an unpredictable metric and, as such, often impossible to forecast. That could not be further from the truth with the Airbnb occupancy rate calculator.
Mashvisor’s occupancy rate calculator has gathered data for eight years based on the verified booked nights for every Airbnb listing in the US.
This nifty Mashvisor tool will provide investors with data on Airbnb listings by location, along with the possible occupancy rates on rentals for sale. So, the calculator can provide you with reliable metrics for all the neighborhoods and cities available on the Mashvisor platform.
Airbnb Price Calculator
Before you officially dabble in short-term rentals, it’s important to know what kind of profits you can expect—the Airbnb price calculator can be of immense help in that department.
This pricing tool can help you determine the potential return on investment, allowing you to make an informed call regarding whether you should invest in a particular property or not.
The calculator considers the location to provide the user with relevant data. With that, it allows you to figure out the potential income on a specific Airbnb property and maximize your profits with fair pricing in a matter of minutes.
Airbnb Profit Calculator
Profits are the essence of property investments—and calculating how much you can earn on a single short-term rental is vital before you finally invest in it. And to help you decide whether the property you had your eye on is worth it, you can use a tool called the Airbnb profit calculator.
This Mashvisor tool accurately predicts the profits on a property. How? By running a thorough Airbnb analysis of the local real estate market. In just 15 minutes, this tool does three months’ worth of research for investors, allowing them to find the best property for their new investment.
Cash on Cash Return Calculator
Cash on cash return, CoC for short, is one of the metrics in calculating the return on investment of a particular property. This metric measures how much money a property can make compared to its initial cash value.
In a nutshell, your cash on cash return would be the ratio of the pre-tax cash flow and the cash invested in it.
So, the cash on cash return calculator allows you to analyze rental properties across the US to predict your profits before you invest. In a few minutes, the calculator will present you with the most relevant data on the housing market, such as rental property expenses, estimated income and occupancy rate, and, of course, the cash on cash return.
Investment Property Calculator
The investment property calculator was designed to make investors’ lives easier by finding the best cost-effective properties in the country. This Mashvisor tool will allow you to find a suitable location and an appropriate rental property—and establish the right strategy for your needs.
It’s a fantastic real estate calculator as it analyzes neighborhoods and properties with just a few clicks. All you must do as an investor is select your preferences regarding your investment, and the tool will handle everything else on your behalf in real-time.
Investment Property Cash Flow Calculator
Cash flow is one of the most critical metrics for investment properties—it is essentially the difference between the income and the total expenses of a property. This metric provides investors with info about the potential profits they can expect to make from their newly acquired property.
The investment property cash flow calculator can be handy to determine whether a property is worth it or not. It includes management and utility costs, insurance, taxes, HOA dues, and even cleaning fees to present you with the potential cash flow.
Multifamily Calculator
Investing in a multifamily property is rather popular because it guarantees multiple incomes and little management while remaining lucrative. However, assessing a specific multifamily property can be challenging—and the multifamily calculator can help with that.
This Mashvisor tool is a real estate calculator that analyzes multifamily properties in your area and presents you with real-time return on investment you can expect. It considers the cap rate and cash flow, among other things, using the real estate comps in the selected neighborhoods.
Rental Income Calculator
Rental income is the money investors receive from the tenants living in the property. It is one of the primary metrics for determining whether a property is worth the investment or not.
And again, if you’re hoping to make an informed decision—and you should—the rental income calculator can help.
The rental income calculator is a type of real estate calculator that measures metrics related to the return on investment and the potential rental income. You, as an investor, just need to enter the costs of the property and average expenses—and let the tool do its magic.
Rental Property Calculator
Deciding whether a rental property should be bought or not can be a tough call, but the rental property calculator can take that burden off investors. This useful Mashvisor tool issues a report about the income property, containing all the pertinent information you may need to decide if you should buy the property or not.
Using the property comparables, the tool calculates the selected property’s cap rate, cash flow, and cash on cash return. Also, it can conduct a neighborhood analysis, which can help find the right area for your investment.
Rental Property Cash Flow Calculator
The cash flow of rentals is another metric used to determine whether a particular rental property should be invested in or not. The cash flow is the actual difference between the income and the rental property expenses.
In essence, this metric presents you with the profits you can potentially expect, but it can be a challenge to calculate it without doing extensive research. Luckily, the rental property cash flow calculator is a type of real estate calculator that does that for you in real-time.
Top 10 Places to Invest in Real Estate in 2022
Calculators can be of great help when you want to get a rough estimate of your potential return on investment on any real estate you have your eye on at the moment. However, for extra help, here are the best places in the US to invest in right now, according to Mashvisor’s latest data:
1. Huntsville, Alabama
- Median Property Price: $402,471
- Average Price per Square Foot: $163
- Monthly Traditional Rental Income: $1,414
- Traditional Cash on Cash Return: 2.85%
- Price to Rent Ratio: 24
- Monthly Airbnb Rental Income: $3,829
- Airbnb Cash on Cash Return: 5.27%
- Walk Score: 20
2. Bella Vista, Arkansas
- Median Property Price: $359,379
- Average Price per Square Foot: $176
- Monthly Traditional Rental Income: $1,321
- Traditional Cash on Cash Return: 2.52%
- Price to Rent Ratio: 23
- Monthly Airbnb Rental Income: $2,394
- Airbnb Cash on Cash Return: 4.16%
- Walk Score: 7
Why invest in Bella Vista, Arkansas? According to Mashvisor’s real estate calculator, properties in the city can generate up to 12% Airbnb cash on cash returns.
3. Glendale, Arizona
- Median Property Price: $518,543
- Average Price per Square Foot: $263
- Monthly Traditional Rental Income: $1,845
- Traditional Cash on Cash Return: 2.62%
- Price to Rent Ratio: 23
- Monthly Airbnb Rental Income: $4,248
- Airbnb Cash on Cash Return: 6.15%
- Walk Score: 89
4. Riverside, California
- Median Property Price: $608,796
- Average Price per Square Foot: $383
- Monthly Traditional Rental Income: $2,519
- Traditional Cash on Cash Return: 2.59%
- Price to Rent Ratio: 20
- Monthly Airbnb Rental Income: $4,861
- Airbnb Cash on Cash Return: 5.57%
- Walk Score: 38
5. Wilmington, Delaware
- Median Property Price: $383,384
- Average Price per Square Foot: $203
- Monthly Traditional Rental Income: $1,571
- Traditional Cash on Cash Return: 3.21%
- Price to Rent Ratio: 20
- Monthly Airbnb Rental Income: $3,142
- Airbnb Cash on Cash Return: 5.57%
- Walk Score: 80
6. Largo, Florida
- Median Property Price: $449,171
- Average Price per Square Foot: $293
- Monthly Traditional Rental Income: $1,832
- Traditional Cash on Cash Return: 3.41%
- Price to Rent Ratio: 20
- Monthly Airbnb Rental Income: $3,078
- Airbnb Cash on Cash Return: 4.80%
- Walk Score: 53
7. Augusta, Georgia
- Median Property Price: $250,188
- Average Price per Square Foot: $138
- Monthly Traditional Rental Income: $999
- Traditional Cash on Cash Return: 2.58%
- Price to Rent Ratio: 21
- Monthly Airbnb Rental Income: $1,507
- Airbnb Cash on Cash Return: 3.02%
- Walk Score: 32
8. Mililani, Hawaii
- Median Property Price: $613,733
- Average Price per Square Foot: $541
- Monthly Traditional Rental Income: $2,224
- Traditional Cash on Cash Return: 2.86%
- Price to Rent Ratio: 23
- Monthly Airbnb Rental Income: $5,896
- Airbnb Cash on Cash Return: 6.81%
- Walk Score: 52
9. Louisville, Kentucky
- Median Property Price: $322,877
- Average Price per Square Foot: $177
- Monthly Traditional Rental Income: $1,213
- Traditional Cash on Cash Return: 2.60%
- Price to Rent Ratio: 22
- Monthly Airbnb Rental Income: $2,555
- Airbnb Cash on Cash Return: 5.40%
- Walk Score: 49
10. Lafayette, Louisiana
- Median Property Price: $411,826
- Average Price per Square Foot: $164
- Monthly Traditional Rental Income: $1,432
- Traditional Cash on Cash Return: 3.14%
- Price to Rent Ratio: 24
- Monthly Airbnb Rental Income: $2,474
- Airbnb Cash on Cash Return: 4.79%
- Walk Score: 85
Bottom Line
Different types of real estate calculators can help beginner investors who are just getting into the game make the right calls. Even if you’re an experienced investor, using a real estate calculator can make it so much easier to buy a real estate property in 2022.
Using Mashvisor’s tools to determine your potential profits will only take a couple of minutes of your time—no more than what it takes you to enter some basic information into the calculators.
Need help finding the perfect investment property with the best cash flow and cap rate? Start your free 7-day trial with Mashvisor today and allow us to help you find the right rental property with detailed analytics and up-to-date data.