Learn how to access and use Privy’s Long-Term Rental Calculator to adjust property assumptions and analyze rental performance for potential buy-and-hold opportunities. Follow the steps below and the video tutorial for a quick walkthrough.
Step-by-Step Guide to Using the Long-Term Rental Calculator (LTR Calculator)
Open the Property Card LiveCMA™
Navigate to the property card in Privy
Make sure you are on a Long-Term Rental property card in Privy.
Access the Long-Term Rental Calculator
In the Long-Term Rental section (under the property details), click on the small edit and pencil icon next to the blue pulsating dot.
Edit Long Term Rental Adjustments
Update your financial assumptions for the rental property, such as:
Rent amount
Purchase price
Expenses (e.g., taxes, maintenance, insurance, operating expenses, utilities)
Financing details (loan terms, interest rate, mortgage payment, etc.).
Save Your Updates
Once your edits are complete, click the purple Save button to store your changes.
What’s Next?
After saving your edits, the calculator will update the property’s key financial metrics, including:
Net Cash Flow
Cap Rate
Cash-on-Cash Return
Use these insights to evaluate rental performance and make data-driven decisions for your next investment.