New analysis

Eric Lawrence Frazier, MBA

Real EstateCompass

Evaluate buying, selling, and investing decisions — a single-family home or a 2–4 unit property with clear market context and direction.

Step 01Enter the propertyAddress, price, rents and financing.Step 02See the numbersCap rate, cash flow, DSCR, qualification.Step 03Get your reportBranded plan to print and share.

Quick start: choose a buyer type, update the address, price, and rents, then review your results.

See my numbers

How do you want to enter numbers?

Sliders are handy for estimating when you don't have RentCast data.

1PropertyAddress, units, price and repairs

Address

Used for RentCast live rent estimates and the AI risk summary.Number of units

1 = single-family home, 2 = duplex, 3 = triplex, 4 = fourplex. Over 4 units is commercial lending.Purchase price

The agreed contract price.Rehab / repair budget

Cash you'll spend on repairs right after closing.

2Rental incomeUnit rents, vacancy and live RentCast estimate

Pull rents from RentCastBeds per unit

Uses the address above. No data? Type the rents yourself or switch on sliders.

Unit 1 rent / month (your unit)

Enter market rent — lenders count it for the FHA self-sufficiency test even though you live there.Unit 2 rent / month

Monthly rent this unit brings in.Unit 3 rent / month

Monthly rent this unit brings in.Unit 4 rent / month

Monthly rent this unit brings in.Other income / month

Laundry, parking, storage, pet fees.Vacancy & credit loss

Share of the year units sit empty or rent goes unpaid. 5–8% is typical.I will live in Unit 1

Owner-occupied loans get lower down payments and rates. Your unit's rent is removed from cash flow.

3FinancingFHA and conventional owner-occupied assumptions

Down payment

FHA 3.5%, conventional 5%, 10% or 20%.Interest rate

Annual rate from your lender quote. Investor rates run ~0.5–1% higher.Loan term

yrs

Years to repay. 30 is standard.Closing costs

Lender, title, escrow, prepaid fees. 2–5% of price.Seller credit

Dollars the seller pays toward your closing costs.Upfront mortgage insurance

FHA charges 1.75%, added to the loan. Conventional: 0.Annual mortgage insurance

FHA ~0.55%/yr; conventional PMI ~0.3–1% when under 20% down. Dropped automatically at 20%+ down.

4Operating expensesTaxes, insurance, utilities, reserves and management

Property tax rate

Annual tax as % of price. Check the county auditor.Insurance rate

Annual hazard insurance as % of price. 0.4–1%.HOA dues / month

Usually $0 for 2–4 unit buildings.Owner-paid utilities / month

Water, sewer, trash, common electric you pay.Repairs & maintenance

% of collected rent. 5–10%.Property management

% of collected rent. Standard is 8% — applied to every income property, occupied or not. Minimum 8% — always use a professional management firm that knows local tenant law and evictions; self-management is not modeled.CapEx reserves

Saving for roofs, HVAC, water heaters. 5–10%.

5Growth & exitInflation, appreciation and hold-period assumptions

CPI / inflation

Long-run US average ~3%. Base growth for everything.Rent growth vs. CPI

+/- over CPI. Rent grows 3.0%/yr.Appreciation vs. CPI

+/- over CPI. Value grows 3.5%/yr.Expense growth vs. CPI

Taxes, insurance, utilities grow 3.0%/yr.Hold period

yrs

Years before you sell (for IRR).Selling costs

Agent commission + closing on sale. 6–8%.Discount rate

Your required return, used for NPV. 8–12%.

6Borrower readinessIncome, debts, credit, savings and monthly budget

Gross monthly income

Before taxes, all borrowers.Other monthly debts

Car, student loans, card minimums, other mortgages.Rent counted by lender

Lenders usually count 75% of rents to cover vacancy.Credit score

Middle of your three bureau scores. FHA 580+, conventional 620+, investor ~680+.Savings available

Cash for down payment, 3% closing costs AND 6 months of your monthly budget in reserves.Take-home pay / month

What actually lands in your bank account after taxes and deductions, all borrowers.Living expenses / month

Everything except the new house payment: food, gas, car insurance, phone, childcare, subscriptions. If you don't know this number, that's the first sign you're not ready to buy.Monthly housing budget

Most you're comfortable paying each month for housing (after rent from tenants).Loan limit override

0 = use program defaults (2025 national baseline). Enter your county's limit if higher.

Local market presets

One click fills tax rate, insurance, rent growth and vacancy. Every number is editable — update the source and date when you verify it locally.

Market	Tax %	Ins. %	Rent vs CPI	Vacancy %	Source	As of

Starter presets are rough estimates for learning — verify with the county auditor, an insurance quote and local rent data.

Review analysis

Live snapshot

2/4 checks pass

Cash to close: $45,500
Monthly PITI: $6,264
Cap rate: 7.66%
Cash-on-cash: -36.18%
Back-end DTI: 15.7%
Your net housing cost: $1,372

Tap any number for a plain-English explanation and example.

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