Real Estate Calculator Tools
The NYC real estate market is exciting, but its complexities can be daunting. ELIKA Real Estate empowers you to navigate this dynamic landscape confidently using our free real estate calculators. Whether you’re a first-time homebuyer, a seasoned investor, or considering renting, our comprehensive suite of 19 calculators simplifies crucial financial scenarios, allowing you to make informed decisions aligned with your goals.
Our free calculators empower informed decisions throughout your NYC real estate journey. Estimate costs, compare renting vs. buying, analyze investments, and maximize returns. Calculate affordability, broker fees, and more.
Make informed real estate decisions with confidence.
19 Real Estate Calculators
Table of Contents
- Buy vs. Rent
- Mortgage Calculator
- Rent vs. Sell Calculator
- Mortgage Refinancing
- Loan to Value
- Debt-to-Income
- Closing Costs for Buyers
- Post Closing Liquidity
- Closing Costs for Sellers
- Real Estate Commission
- Rental Broker Fee
- Rent-to-Income
- Rental Property Yield
- Net Effective Rent
- Square Foot + Price Per ft2
- Net Operating Income (NOI)
- Return on Investment (ROI)
- REBNY Financial Statement
- Submit Offer Form
Buy vs. Rent
Buy vs. Rent – Not sure whether to buy or rent? Determine the best decision for your future and whether it makes sense for you to buy or rent today. Today’s essential real estate calculator.
Mortgage Calculator
NYC Mortgage Calculator – Use our free mortgage calculator to help estimate your monthly payments, broken down by principal and interest, common charges/maintenance, property taxes, and homeowner’s insurance.
Rent vs. Sell Calculator
Rent vs. Sell Calculator – Use our Rent vs. Sell Calculator to determine if renting or selling your property is more profitable. Gain insight into your real estate goals and whether to hold or sell your property now or in the near term.
Mortgage Refinancing
Mortgage Refinancing – If you’re considering refinancing your home or investment property, our mortgage refinancing calculator will help you decide whether now is a good time.
Loan to Value
Loan to Value – Our user-friendly LTV calculator accurately calculates your loan-to-value ratio in just a few steps. Whether you’re refinancing, buying a new home, or considering a home equity loan, understanding your LTV ratio is essential for making sound financial decisions.
Debt-to-Income
Debt-to-Income – Our debt-to-income calculator considers your annual income and monthly expenses to determine your debt-to-income ratio (DTI) – one of the qualifying factors by lenders to determine your eligibility for a mortgage and co-op.
Closing Costs for Buyers
Closing Costs for Buyers – Are you buying a home or investment property? Estimate your closing costs when buying a condo, co-op, or townhouse in New York City, including transfer and mansion taxes.
Post Closing Liquidity
Post Closing Liquidity Calculator – NYC’s 1st
If you’re planning to purchase a co-op or condo or apply for a mortgage, you’ll want to ensure you have a minimum of 1-year post-closing liquidity. Estimate your post-closing liquidity with ease.
Closing Costs for Sellers
Closing Costs for Sellers – Selling your home? Estimate your closing costs when selling a condo, co-op, or townhouse in New York City, including mortgage fees.
Real Estate Commission
Real Estate Commission – Real Estate Agent and Broker commissions are the most expensive part of your closing costs. Estimate the potential commission you’ll pay when selling your home in NYC.
Rental Broker Fee
Rental Broker Fee – The broker’s commission fee usually equals one month’s rent – up to 15% of the first year’s annual rent—which is paid upon signing the lease. Calculate the fee with ease.
Rent-to-Income
Rent-to-Income Calculator – Our rent-to-income ratio calculator helps determine how much you should budget for your rent. Landlords typically like to see around 30% of gross monthly income.
Rental Property Yield
Rental Property Yield – Calculate an investment property’s gross and net rental yield, including cash flow and payback period—essential real estate calculator for investors.
Net Effective Rent
Net Effective Rent Calculator – Use our net effective rent calculator to estimate your final rental payment by dividing the total gross rent of the lease by the number of months, including any discounts or offers.
Square Foot + Price Per ft2
Square Footage + Price Per ft2 Calculator – Use our calculator to estimate the price per square foot of property you’re contemplating buying or renting.
Net Operating Income (NOI)
Net Operating Income (NOI) – NYC’s 1st
Use our easy-to-use calculator to estimate your Net Operating Income NOI, including the Cap Rate on an investment property you own or are considering buying.
Return on Investment (ROI)
Return on Investment (ROI) – NYC’s 1st
Use our Return on Investment calculator to understand your expenses and potential long-term return better when considering a real estate investment.
REBNY Financial Statement
REBNY Statement – NYC’s 1st
The REBNY financial form is a personal statement of assets and liabilities. It is used in purchase applications for a co-op or condo resale in New York City. Complete the financial form easily.
Submit Offer Form
Submit Offer Form – NYC’s 1st
The Submit offer form is often required when submitting an offer on a co-op or condo resale. Use our submit offer form calculator to complete this form and easily submit your offer.