Meet Patel Real Estate Associate · Edmonton & Area

Investing · Rental property calculator

Will this rental pay?

For a rental you won’t live in. Enter the price, rent and costs to see your monthly cash flow, your returns, the cash you’ll need and how it could look in 5 and 10 years. Nothing you type is saved or sent anywhere.

The property and rent

Type of property
A rental you won’t live in needs at least 20% down.
Rates for rentals can be a little higher. Ask your lender for today’s rate.
A realistic rent for that home and street
Parking, storage or laundry
Estimate: Land Titles fees, lawyer, title insurance, inspection and appraisal
Paint, flooring, appliances. Leave blank if none

Monthly costs

Allowance for time between tenants
Estimate: 1.036% of the price a year, Edmonton’s 2026 rate
Estimate for a house. Get a landlord policy quote
From the listing or condo documents
Most tenants in a house pay their own
Share of rent set aside for everyday repairs
Roof, furnace, hot water tank, appliances
Licensed property managers in Alberta usually charge 6% to 12% of rent
Snow removal, lawn care, accounting

Your monthly cash flow

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The same, for a year

Before income tax. Talk to your accountant about how rental income is taxed.

Investor returns

Your return in year 1

Cash needed to buy

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Lenders will want to see where your down payment comes from. Ask yours what they need.

5 and 10 year projection

a year
a year
a year. Your guess, not a forecast
What it’s worth vs what you owe

Year by year

Assumes your interest rate stays the same and the property stays rented. Profit is before selling costs and taxes. Home values can go down as well as up.

📄 Investment report

All your numbers, returns and the 10-year projection in one report. Get it as a PDF by email.

Figures and estimates as of October 2026 and can change. This calculator helps you plan. It isn’t financial, tax or mortgage advice. Check rents, costs and financing for the actual property before you buy.