The main metrics that are used in the Rental Strategy Overview are:

**Comparable Rental Income**

The comparable rental income is the rental income of the property after accounting for the property's occupancy rate.

*Example: If a property's rental income is $1,000, and its occupancy rate is 50%, the comparable rental income for the property would be $500.*

**Monthly Expenses**

These are the total monthly recurring expenses that will apply to the property, including your monthly mortgage payments.

If you click on the monthly expenses, you will be able to see the amount of recurring expenses and the amount of mortgage payments separately.

**Cash Flow**

The cash flow is the amount of left-over rental income after accounting for the occupancy rate and the monthly expenses.

*Example: If a property has a comparable rental income of $1,000, and $500 in monthly expenses, the cash flow would be $500/month, which is the profit that the property will generate.*

**Cash on Cash Return**

The cash on cash return is the return on investment that the property will have based on the amount of cash invested in it.

If you're using a mortgage, the amount of borrowed money is left out of the equation. Only the down payment and the first-time startup costs will be calculated.

**Cap Rate**

The cap rate (capitalization rate) is the return on investment that the property will have based on its total value.

The difference between the cap rate and the CoC is that the cap rate does not take into account the method of financing used (cash vs mortgage).

**Occupancy Rate**

The occupancy rate is the number of days (or percentage of time) in a year that the property will be occupied by a tenant.

Conversely, the vacancy rate is the number of days in a year that the property will be vacant.