NE Investment Calcby Alex Drake · Fairway Home Mortgage

Alex Drake · Fairway Home Mortgage · free · no email wall

Nebraska rental
property calculator

Analyze rental income, expenses and ROI for your investment property. Enter the price, the rents and the real expenses — get cash flow, cap rate, cash-on-cash, DSCR, a year-by-year projection and total return, then download a branded PDF report to share.

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Alex Drake · Fairway Home Mortgage
Hey Alex — found a duplex in Omaha. $300,000, rents $2,900/mo total. Good deal? 🏘️
Read 7:12 PM
Depends on the whole picture — taxes, vacancy, reserves, not just rent vs. mortgage. How much are you putting down?
thinking…
At a sample 7% over 30 years, that's about $51/mo after all expenses and DSCR of 1.03×.
Sample estimate only — run your own numbers ↓

Overview

Cash flow analysis

Monthly and annual cash flow with every income and expense line tracked — before and after the mortgage.

ROI metrics

Cap rate, cash-on-cash return, DSCR, total return on investment and compound annual growth.

Investment projections

Year-by-year appreciation, principal paydown and cash flow for the hold period you choose — up to 30 years.

Start here

Your loan officer

Alex Drake is the Fairway Home Mortgage loan officer behind this calculator. Alex’s contact details print on your PDF report, and the Connect button takes you to Alex’s Fairway profile when you’re ready to talk.

Alex Drake

Branch Manager · Fairway Home Mortgage

NMLS #1325483 · Licensed in Nebraska · Omaha, NE

Fairway profile · NMLS Consumer Access · alex.drake@fairwaymc.com

Calculate your investment

Enter your rental property details to see projected returns. Defaults are a sample Omaha duplex — replace every one with the real figures.

Converting your current home into a rental?

Toggle on to enter your existing mortgage details (balance, rate, PMI). Your investment basis becomes your current equity.

Cap rate ⓘ6.19%
Return on investment ⓘ211.50%$177,659
Cash-on-cash ⓘ0.73%
DSCR ⓘ1.03×

Purchase details

Loan amount$225,000
Seller pays closing costs

Default: 3% of purchase price. Lender, title, recording, prepaids.

Total initial investment$84,000Down payment + closing costs

Omaha long-run average ≈ 3% annually — markets vary; nobody can promise future prices.

Omaha rents have recently grown ≈ 2–3% a year. Test a lower number too — one flat year changes the picture.

Rental income

Monthly rent by unit

Laundry, parking, storage, pet rent, etc.

Share of rent you don't collect between tenants. 5% ≈ three weeks a year. Enter 0 to mirror a fully leased year.

Total monthly income$2,900

Monthly expenses

Default: 1.9% of purchase price annually — Nebraska rates run high. Pull the real parcel figure.

Default: 1% of purchase price annually — hail and wind push Nebraska premiums up. Get a landlord-policy quote.

Typically 1% of property value annually — older Omaha / Lincoln stock often deserves more.

Common heat, water/sewer, trash, snow, lawn.

= $232/mo (of $2,900 total rents). Enter 0 if you self-manage.

Total monthly expenses$1,352Excluding mortgage payment · includes vacancy allowance
MONTHLYCash flow
Year 1
Rental income
$2,900
Expenses
$2,849
Year 1 MONTHLY cash flow
$51
CumulativeCash flow through
Year 10
Rental income
$389,878
Expenses
$347,316
Year 10 CUMULATIVE cash flow
$42,562
Cumulative cash-on-cash return ⓘ50.7%

Estimated annual cash flow

Cash flow details

Total return on investment

Rental income
$389,878
Appreciation
$103,175
Gross revenue
$493,053
Expenses Int. + prop. tax + ins. + repairs + mgmt + utilities + HOA + vacancy
−$347,316
Profit
$145,737
Investment Down payment + closing costs
$84,000
Return on investment
173.5%
Average annual compounded return
10.6%

Annual total return on investment

Cumulative appreciation + principal paydown + cash flow at the end of each year, with return on initial investment.

The PDF report

Generate your branded report

One click builds a Fairway-branded PDF from exactly what you entered: the headline metrics, mortgage payment, income and expenses, the investment analysis, total return, the annual cash flow table, the total return chart, your loan officer's contact details and the disclosures.

Generated on your device. Nothing is uploaded.

Reading the results

Four numbers that decide most deals

Cash flow

Income minus every operating expense and the mortgage. The calculator takes vacancy and maintenance out first, so "positive" here means positive after the furnace fund.

DSCR

NOI ÷ annual debt service. Many investor programs look for roughly 1.25×. Under 1.0× and the property doesn't pay for itself.

Cash-on-cash

Year-one cash flow ÷ every dollar you put in. The honest yield on your down payment.

Total return & CAGR

Appreciation, principal paydown and cash flow combined over the hold — and the compound annual rate that gets you there.

The cash flow is thin but the total return looks great. Is that bad? 😬
It's a bet on appreciation and paydown — totally valid, as long as you can carry the thin months. Lenders will look at the DSCR line, so let's talk about down payment before you offer.

Full metric guide + Nebraska specifics →

Calculator results and the downloadable report are estimates for illustrative and educational purposes only, based entirely on the figures you enter. They are not a quote, rate lock, pre-qualification, pre-approval, appraisal, or investment, tax or legal advice, and accuracy is not guaranteed. Actual rates, payments, taxes, insurance, rents, vacancy, expenses and property values vary by property and scenario. Sample rates shown are not an offer. Consult a licensed loan officer, tax professional and attorney before purchasing an investment property. Real estate investing involves risk, including possible loss of principal. Past appreciation and rent growth do not guarantee future results. Projections use constant annual growth rates you choose and do not account for income taxes, depreciation recapture, capital gains, refinancing, major repairs, or periods of extended vacancy.

Numbers look good? Get them financed.

A spreadsheet can’t tell you what a lender will actually approve. Alex Drake can — download the PDF and bring the numbers to a real conversation.