Total Monthly Payment

Combined monthly mortgage principal, interest, and PMI payment.

Example Result

Sample Data

$2,049

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

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Total Monthly Payment Formula

Monthly P&I + Monthly PMI

Monthly P&I $2,049.13

+ Monthly PMI $0

= Total Monthly Payment $2,049

What This Means

A sample property priced at $385,000 with $2,850/month rent has a total monthly payment of $2,049. Your total monthly payment is the largest single deduction from NOI to arrive at cash flow. It represents your fixed debt obligation regardless of occupancy or rental income. Keeping this payment manageable relative to expected rent is critical for maintaining positive cash flow.

Where This Value Comes From

Total Monthly Payment is not entered directly — it is calculated from Monthly Mortgage Payment and Monthly PMI. See the formula breakdown above and the detailed inputs below.

Calculated From

Total Monthly Payment is calculated using these inputs:

Monthly Mortgage Payment

Monthly principal and interest payment on the mortgage.

$2,049.13

Monthly PMI

Monthly Private Mortgage Insurance payment required when down payment is below 20%.

Platform Distribution

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Why It Matters

Your total monthly payment is the largest single deduction from NOI to arrive at cash flow. It represents your fixed debt obligation regardless of occupancy or rental income. Keeping this payment manageable relative to expected rent is critical for maintaining positive cash flow.

Detailed Explanation

The Total Monthly Payment combines your principal and interest (P&I) payment with any Private Mortgage Insurance (PMI). This is the total amount you owe the lender each month. Note that this does not include property taxes, insurance, or HOA — those are separate operating expenses tracked in the NOI section.