Investment Property Mortgage Calculator 2026
Calculate your rental property's monthly payment, cash flow, ROI, cap rate, and DSCR. $400K rental at 7.25% with 25% down = $2,728/mo P&I. See if your investment cash flows. Free, instant, no SSN.
Does Your Rental Property Cash Flow?
Calculate P&I, cash flow, cap rate, ROI, and DSCR. See if your investment makes money. Compare DSCR vs conventional lenders.
📊 Investment Property Calculator
📊 Key Investment Metrics Explained
Cap Rate
NOI / Purchase Price. Measures raw property return regardless of financing. Good: 6-10%. Does not include mortgage payments. Compare to your interest rate — if cap rate > rate, property cash flows.
Cash-on-Cash Return
Annual Cash Flow / Down Payment. Measures return on your invested cash. Good: 8-12%. Includes mortgage payments. If you put $100K down and net $10K/year, that's 10% cash-on-cash.
DSCR
Debt Service Coverage Ratio = NOI / Annual Debt Service. Measures if rent covers the mortgage. 1.25+ = good. 1.0 = break even. Below 1.0 = negative. DSCR lenders require 1.20-1.25 minimum. Check DSCR loans →
Cash Flow
Rent - all expenses (P&I, taxes, insurance, HOA, maintenance, vacancy, mgmt). Positive = you make money monthly. Negative = you lose money monthly. Aim for $200+/mo positive.
🏦 Investment Property Loan Types
| Loan Type | Rate (Jul 2026) | Min Down | Min Credit | Income Verification | Best For |
|---|---|---|---|---|---|
| Conventional | 7.00-7.75% | 15-25% | 680 | Full (W2/tax) | W2 buyers, lowest rates |
| DSCR Loan | 7.50-8.50% | 20-25% | 660 | None (rent-based) | Investors, self-employed |
| Non-QM | 7.25-8.25% | 20-25% | 620 | Bank statements | Self-employed, unique income |
| FHA (2-4 unit) | 6.10-6.50% | 3.5% | 580 | Full | House hack, owner-occupied |
| VA (multi-unit) | 6.20-6.70% | 0% | 580 | Full | Veterans, house hack |
Find the Best Investment Property Loan
Compare DSCR, conventional, and Non-QM lenders. See real rates. No SSN to compare.
Compare Lenders Free →❓ Investment Property Mortgage FAQ
What rate do you get on an investment property?
Conventional: 7.00-7.75%. DSCR: 7.50-8.50%. Non-QM: 7.25-8.25%. Rates are 0.50-0.75% above primary residence rates. Compare →
How much down payment for investment property?
20-25% for conventional. 20-25% for DSCR. 15% min conventional with PMI. FHA 3.5% (owner-occupied 2-4 unit only). VA 0% (owner-occupied multi-unit). Check requirements →
What is a good DSCR?
1.25+ is good. 1.0 = break even. Below 1.0 = negative cash flow. DSCR lenders require 1.20-1.25 minimum. Check DSCR eligibility →
Can I use rental income to qualify?
Yes. Conventional: 75% of gross rent. DSCR: 100% of rent (minus vacancy), no income verification. See DSCR options →
DSCR vs conventional — which is better?
DSCR: better for self-employed, multiple properties, no income docs. Conventional: better for W2, lower rates, long-term hold. Compare both →