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Every deal looks good until you run the numbers.

Start with the house you keep thinking about. Get a clear yes or no, what it pays you each month, and the one number that could change it.

Long-term rental19 Juniper WayExample property

This deal works

Strong cash flow, and the rent covers the mortgage with room to spare.

This deal works
$531
8.8%
10.5%
1.38
$60,950

What's behind this answer

  • The money you put in earns 10.5% a year, above the 8% that marks a strong rental.
  • Income after running costs is 1.38 times the mortgage payment.
  • Monthly rent is 1.02% of the purchase price, which passes the 1% rule.
  • $531 a month left over, after management and money set aside for repairs.
Biggest risk

It stops working if the rent falls below $2,075 a month. You are assuming $2,700, so it has 23% of room.

$265,000

Drag to see the answer at another price.

DealLevel AI spots the numbers that look too good to be true.

Put in any rental, and it tells you what to ask the seller before you make an offer.

DealLevel AI

Which rental are you looking at? Type its address, and I’ll find what public records say about it.

1418 Birch LaneExample property$250,0003 bed · 2 bathRents for $2,000 a month
Is this a good deal?

No. At the current assumptions, the property loses $157 per month, after vacancy, operating expenses, and the mortgage.

Type in any address. Get a clear yes or no.

  • Address
  • Price
  • Property tax

Example property

Long-term rental48 Alder Lane

This deal doesn't work

This deal loses money every month. The numbers do not support it.

This deal doesn't work
−⁠$223
5.6%
−⁠3.4%
0.88
$78,200

What's behind this answer

  • Owning this would cost you $223 every month.
What would fix it

This works if you pay $298,000 or less. You are looking at $340,000.

$340,000

Drag to see the answer at another price.

Ask DealLevel AI if it’s a good deal. Then ask what would fix it.

DealLevel AI

Here to help you think through 48 Alder Lane · Long-term rental
Is this a good deal?

No. This deal loses $223 every month.

Why not?

Because the property produces $1,587 after operating expenses, but the mortgage costs $1,810 monthly, leaving a $223 loss.

What's the most I could pay for it and not lose money each month?

The most you could pay is $298,000. At that price, the deal breaks even each month.

Long-term rental48 Alder Lane

DealLevel AI

Here to help you think through 48 Alder Lane · Long-term rental

Hi. I went through the numbers on 48 Alder Lane. Here is what stood out.

The deal rests on projected rent staying near $2,400 while no money is set aside for initial repairs.

Assumptions worth arguing with

  • Rehab costs were entered at $0. This leans optimistic because hidden repairs can appear before renting. Test $0 to $10,000.
  • Monthly rent was entered at $2,400. This leans optimistic without confirmed lease terms. Test $2,160 to $2,400.

Questions for the seller or agent

  1. Is there a signed lease or rent record supporting the entered $2,400 monthly rent?
  2. What inspection reports and repair invoices support entering zero initial rehab costs?

DealLevel AI

Here to help you think through 48 Alder Lane · Long-term rental

Hi. I went through the numbers on 48 Alder Lane. Here is what stood out.

The deal rests on projected rent staying near $2,400 while no money is set aside for initial repairs.

Assumptions worth arguing with

  • Rehab costs were entered at $0. This leans optimistic because hidden repairs can appear before renting. Test $0 to $10,000.
  • Monthly rent was entered at $2,400. This leans optimistic without confirmed lease terms. Test $2,160 to $2,400.

Questions for the seller or agent

  1. Is there a signed lease or rent record supporting the entered $2,400 monthly rent?
  2. What inspection reports and repair invoices support entering zero initial rehab costs?

You can also scan the house in front of you. DealLevel AI does the rest.

  • Address
  • Price
  • Property tax

Example property

Long-term rental48 Alder Lane

This deal doesn't work

This deal loses money every month. The numbers do not support it.

This deal doesn't work
−⁠$223
5.6%
−⁠3.4%
0.88
$78,200

What's behind this answer

  • Owning this would cost you $223 every month.
What would fix it

This works if you pay $298,000 or less. You are looking at $340,000.

$340,000

Drag to see the answer at another price.

See what homes like it sold for. Then stress test every number.

Similar homes48 Alder Lane

Midpoint sale price of the 6 best matches

$300,500

$291,500 to $312,500

You entered $340,000, about 13% above their midpoint. That can be fair for a house in better shape than these. If it is not, you may be paying more than you need to.

  • 61 Alder LaneSame size as yours.$299,000
  • 207 Sumner Street90 sq ft smaller than yours, 5 years older.$291,500
  • 15 Wren Court130 sq ft bigger than yours, half a bath more.$308,000
  • 88 Hollis AvenueSame size as yours.$294,000

Long-term rental48 Alder Lane

Stress test48 Alder Lane

A report you can send a lender, a partner or a client.

Projection19 Juniper Way

Your name on the report, not ours. White label reports.

Line up a few houses. The weak one gives itself away.

My deals2 of your 3 deals work

  • 19 Juniper WayLong-term rental · Cary, NCThis deal works$531Cash flow / mo
    Cap rate
    8.8%
    Cash-on-cash
    10.5%
    DSCR
    1.38
  • 48 Alder LaneLong-term rental · Durham, NCThis deal doesn't work−⁠$223Cash flow / mo
    Cap rate
    5.6%
    Cash-on-cash
    −⁠3.4%
    DSCR
    0.88
  • 6 Loon Cove RdShort-term rental · Lake Lure, NCThis deal works$828Cash flow / mo
    Annual revenue
    $88,969
    Cash-on-cash
    9.4%
    Revenue per night
    $244

My deals2 of your 3 deals work

  • 19 Juniper WayLong-term rental · Cary, NCThis deal works$531Cash flow / mo
    Cap rate
    8.8%
    Cash-on-cash
    10.5%
    DSCR
    1.38
  • 48 Alder LaneLong-term rental · Durham, NCThis deal doesn't work−⁠$223Cash flow / mo
    Cap rate
    5.6%
    Cash-on-cash
    −⁠3.4%
    DSCR
    0.88
  • 6 Loon Cove RdShort-term rental · Lake Lure, NCThis deal works$828Cash flow / mo
    Annual revenue
    $88,969
    Cash-on-cash
    9.4%
    Revenue per night
    $244
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Example properties, names and figures

Everything you need to run the numbers on a property.

  • Scan a house

    Point your phone at a house. The address, price and property tax fill in.

  • A clear answer

    One of three answers, the reasons for it, and what would break the deal.

  • Price slider

    Drag the price to find where the deal stops working.

  • DealLevel AI

    It goes through the deal line by line, and answers anything you ask about it.

  • Similar homes

    What homes like it sold for nearby, next to the price you would pay.

  • The owner

    Who owns it, their mailing address and how long they’ve owned it.

  • Stress test

    How far the price or the rent can move before the answer changes.

  • 30-year projection

    The value, the loan and your equity, year by year.

  • The report

    The whole deal on paper, for a lender, a partner or a client.

  • Compare

    Up to four properties side by side.

Know before you offer, not after you close.

Works for long-term rentals, BRRRR, fix and flips, short-term rentals, duplexes and fourplexes, and buildings up to 75 units.