Other Income

Monthly income from sources other than rent (parking, laundry, storage, etc.).

Example Result

Sample Data

Based on a sample $385,000 property with $2,850/month rent, 20% down, 7% interest rate.

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With the Rental Property Calculator™, you can run this calculation against your own rental properties using your real numbers.

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Other Income Formula

User Input (Monthly)

User Input (Monthly)

Where to Find This Value

Here's where you can find the value for Other Income:

Lease Addendums

Review lease addendums for parking, pet, storage, or laundry fees

Property Manager

Your PM can identify additional income opportunities (vending, laundry, etc.)

Used to Calculate

Other Income is used as an input for these calculations:

Effective Gross Income

Income Metrics

$32,490

Platform Distribution

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Why It Matters

Other income is often overlooked in quick deal analysis but can add hundreds of dollars per month to your bottom line. Properties with multiple income streams are more resilient — if rent dips, other income provides a buffer. Always investigate potential ancillary income when evaluating a property.

Detailed Explanation

Other Income captures all recurring monthly revenue beyond base rent. Common sources include coin-operated laundry, covered parking fees, storage unit rentals, pet rent, application fees, late fees, vending machines, and billboard or antenna lease income. These income streams can meaningfully improve a property's overall returns.