Free Investor Tool

Central Iowa Deal Calculator

The deal calculator serious Central Iowa investors and house hackers run their numbers through — cash flow, cap rate, cash-on-cash, DSCR, 10-year IRR, true equity, and full house-hack analysis. Free to run. Create a free account to save your deal, download a branded PDF, and share it.

Deal Calculator engine —

House Hack Jack · Jackson Krile · Flanders Team at RE/MAX Real Estate Center
Prefer a spreadsheet?

Property & Financing

Fill every field. Every input here feeds the calculation, so enter a real number or your best estimate for each one — and when you’re unsure, overestimate. Guessing home insurance runs $1,500/yr? Put in $1,750 or $2,000. Rates sitting between 6% and 6.25%? Use 6.5%. If the numbers work on conservative inputs, the real numbers at purchase will only look better.

Rental Income ($/month)

Enter market rent for every unit — including the one you’d live in. That unit still has an alternative cost: if you don’t own, you rent. Leave it blank and the house-hack savings can’t be calculated. Unsure? Estimate low on rent you’ll collect and high on rent you’d otherwise pay.

Property type
Rent basis:
You live here (house hack):
Other income ($/mo) — garage, laundry, parking
RowQtyCurrent $Market $

Operating Expenses Decision G: 8% mgmt / 5% vac

Hold & Sale Assumptions

Key Performance Indicators

While you live there

Purchase & Financing Results

Cash Flow Analysis (monthly)

Debt Paydown (10-yr)

Appreciation (10-yr)

Tax Deduction Summary (10-yr)

What does your housing actually cost?

The same home, three ways. House hacking is measured against buying a home to live in with no tenants — not just against renting.

Traditional buy & live (no tenants)

House hack (live + rent)

Once fully rented (you move out)

True Equity at sale

Everything house hacking builds over the hold, minus the real cost to sell and taxes owed.

Year-by-Year Returns year 0 → 40

Adjust the levers and watch the whole hold change. “True equity if sold” already nets out every cost to sell and taxes owed that year.

Swipe the table sideways to see all 17 columns — the Year column stays put.

Blended Model occupy, then rent

Occupy a few years, then move out and rent it. One IRR across the whole hold. Cash-payback year assumes you sell at that point.

BRRRR buy · rehab · rent · refinance · repeat

How much of your capital comes back out at the refinance — and what the property does once it's rented with the new loan.

Risk check

The refinance is based on ARV (after-repair value), not what you paid. Be conservative with ARV and generous with rehab — that's where BRRRR deals go wrong.

Flip buy · renovate · sell

Profit after every cost, and what that return looks like annualized over how long you hold it.

Risk check

Holding costs are the silent killer: taxes, insurance, utilities and loan interest every month you own it. Estimate the timeline long, not short.

What can you afford? income → max price

Works backward from your income and debts to the purchase price a lender is likely to support.

Stress test & house-hack uplift

This is an estimate of what you can borrow, not what you should spend. Lenders vary and this is not a pre-approval — talk to a lender for a real number.