Landlord Rent Calculator

Calculate Landlord Rent



Formula

The formula to calculate the Landlord Rent (R) is:

\[ R = \text{MI} \times \text{RTI} \]

Where:

What is Landlord Rent?

Landlord rent is the amount a landlord charges for renting out a property, calculated based on the tenant's total monthly income and a specific rent-to-income ratio (RTI). This ratio helps ensure that the rent is affordable for the tenant relative to their income.

Example Calculation

Let's assume the following values:

Using the formula to calculate the Landlord Rent:

\[ R = 4000 \times 0.3 = 1200 \]

The Landlord Rent is $1200.