New Hampshire Rental Property ROI Calculator
Free New Hampshire rental property ROI calculator. Analyze cash flow, cap rate, and cash-on-cash return using New Hampshire's 1.5% property tax rate.
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Pre-filled: New Hampshire median home price
Additional Details
Pre-filled: HUD FMR data
Pre-filled: Tax Foundation
Additional Details
Monthly Cash Flow
Estimated • Based on your inputs
Annual Cash Flow
-$26,042.07
Cash-on-Cash Return
-21.65%
Detailed Breakdown
Investment Projection
10-Year Projection
| Year | Cash Flow | Cumulative | Equity | Total Return |
|---|---|---|---|---|
| 1 | -$26,042 | -$26,042 | $124,540 | -$6,102 |
| 2 | -$25,686 | -$51,728 | $145,258 | -$11,069 |
| 3 | -$25,322 | -$77,050 | $166,791 | -$14,859 |
| 4 | -$24,951 | -$102,001 | $189,176 | -$17,425 |
| 5 | -$24,573 | -$126,574 | $212,454 | -$18,720 |
| 6 | -$24,187 | -$150,761 | $236,668 | -$18,693 |
| 7 | -$23,794 | -$174,555 | $261,863 | -$17,292 |
| 8 | -$23,392 | -$197,947 | $288,088 | -$14,460 |
| 9 | -$22,983 | -$220,930 | $315,392 | -$10,138 |
| 10 | -$22,565 | -$243,495 | $343,829 | -$4,266 |
Disclaimer: This calculator provides estimates for informational purposes only. Results should not be considered financial, tax, or legal advice. Consult a qualified professional for your specific situation.
How This Calculator Works
Calculation methodology and assumptions
This calculator uses standard real estate investment analysis to determine the return on a rental property in New Hampshire. It factors in the mortgage payment (using a standard amortization formula), property taxes at New Hampshire's effective rate of 1.5%, insurance, vacancy loss, maintenance reserves, and property management fees. The cap rate is calculated as Net Operating Income divided by purchase price. Cash-on-cash return measures annual cash flow relative to total cash invested (down payment + estimated closing costs). The 10-year projection assumes 3% annual appreciation and 2% annual rent increases.
Key State Information
New Hampshire has an effective property tax rate of 1.5%, which is above the national average of 0.90%. New Hampshire has no state income tax, which can improve your net rental income.
How to Use This Rental Property Calculator
- 1
Enter the purchase price
Start with the property's expected purchase price. The calculator is pre-filled with New Hampshire's median home value, but adjust this to match the actual property you're analyzing.
- 2
Set your down payment and loan terms
Enter your planned down payment percentage (typically 20–25% for investment properties), interest rate from your lender, and loan term. Investment property rates are usually 0.5–0.75% higher than owner-occupied rates.
- 3
Input monthly rent
Enter the expected monthly rent. Research comparable rentals in your specific neighborhood — don't rely solely on state medians. Check Zillow, Rentometer, or local Craigslist for realistic comps.
- 4
Adjust operating expenses
Review vacancy rate (5–10% is typical), maintenance reserve (1–2% of property value annually), and property management fees (8–12% if using a manager). These are often underestimated by new investors.
- 5
Review your results
Focus on cash-on-cash return (your actual return on money invested) and monthly cash flow. A positive cash flow of $200–$400/month per unit is generally considered good for single-family rentals.
Example Calculation
Let's walk through a realistic rental property analysis in New Hampshire.
Suppose you're buying a single-family home for $523,000 — New Hampshire's median home price with 25% down ($130,750). Your loan amount is $392,250 at 7.0% interest for 30 years, giving a monthly mortgage payment of approximately $2,610. You expect to rent the property for $2,040/month — New Hampshire's median 2BR fair market rent. Monthly expenses include property taxes at 1.5% (~$654), insurance (~$218), an 8% vacancy reserve, 10% maintenance, and 10% property management, totaling approximately $3,873.
Result: Monthly cash flow: -$1,996 (cash-on-cash return of about -16.4%, cap rate 1.4%). This property would be cash-flow negative at these numbers. You'd need to either negotiate a lower purchase price, find a property with higher rent potential, or increase your down payment to reduce the mortgage. This illustrates why running the numbers before buying is critical — many properties that "look good" actually lose money monthly.
What Affects Your Results
Interest Rate
Even a 0.5% rate difference can swing a property from cash-flow positive to negative. On a $200K loan, the difference between 6.5% and 7.0% is about $65/month — nearly $800/year.
Property Tax Rate
New Hampshire has a different effective property tax rate. States like New Jersey (2.23%) vs. Hawaii (0.32%) create vastly different operating cost structures for the same priced property.
Vacancy Rate
Local market conditions drive vacancy. College towns have seasonal vacancies; military base areas have transfer-related turnover. Research your specific submarket, not state averages.
Insurance Costs
Landlord insurance (dwelling fire + liability) typically costs 15–25% more than standard homeowner's insurance. Flood, hurricane, and earthquake zones add substantially more.
Property Management
Self-managing saves 8–12% of gross rent but costs your time. Factor in your hourly rate — if you earn $50/hr and spend 10 hours/month managing, that's $500 of implicit cost.
Tips for New Hampshire Residents
- Always use conservative rent estimates. List the property at market rate, but budget for 5–10% below asking to account for vacancies and rent concessions in New Hampshire.
- The 1% rule (monthly rent ≥ 1% of purchase price) is a quick screening tool, but run full cash flow analysis before committing. Many profitable properties don't pass the 1% test.
- Don't forget capital expenditure reserves. Roofs ($8K–$15K), HVAC systems ($5K–$10K), and water heaters ($1K–$2K) are inevitable. Budget 5–10% of rent for CapEx on top of regular maintenance.
- House hack to improve returns: buying a duplex or triplex, living in one unit, and renting the others allows you to use owner-occupied financing (lower rates, lower down payment) while building rental income.
- Screen tenants thoroughly. The biggest variable in rental profitability isn't the property — it's tenant quality. Background checks, income verification (3x rent minimum), and landlord references are essential.
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StateCalc Team
Editorial Team
The StateCalc team builds free financial calculators using data from official government sources including the IRS, U.S. Census Bureau, BLS, and state revenue departments. All formulas are validated by an automated test suite and cross-referenced against published data.
Our editorial standardsFrequently Asked Questions
What is the average property tax rate in New Hampshire?
New Hampshire's effective property tax rate is 1.5%, which means on a $523,000 home, you'd pay approximately $7,845 per year in property taxes.
Is New Hampshire a good state for rental property investment?
New Hampshire offers a median home price of $523,000 with 2BR rents averaging $2040/month. Property tax rates are moderate. Use this calculator with your specific numbers to determine the actual ROI.
What is a good cap rate for rental property in New Hampshire?
A cap rate of 5-8% is generally considered good for rental properties. In New Hampshire, cap rates vary significantly by market. Urban areas tend to have lower cap rates (3-5%) but more consistent appreciation, while rural areas may offer higher cap rates (7-10%) with less growth potential.
How much do I need to invest in a rental property in New Hampshire?
For a median-priced home in New Hampshire ($523,000), a 20% down payment would be $104,600. Including estimated closing costs of $15,690, you'd need approximately $120,290 in cash.
Does New Hampshire have landlord-friendly laws?
New Hampshire has moderate landlord-tenant laws. Research specific local regulations before investing.
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