Estimate net annual rental income considering unce
10
Estimate net annual rental income considering uncertainty in occupancy and maintenance.
NOTEAbout This Model
## Estimate net annual rental income considering uncertainty in occupancy and maintenance.
This model estimates **Net Annual Income** based on uncertain inputs: Occupancy Rate, Maintenance Cost Pct. Fixed values: Monthly Rent, Monthly Fees.
Run the simulation to see the distribution of possible outcomes.
CONSTANTMonthly Rent
2500
The monthly rent charged to tenants.
monthly_rent
VARIABLEOccupancy Rate
beta(18.3, 1.6999999999999993)
Typical residential occupancy ranges from 85% to 98% depending on turnover and market demand.
occupancy_rate
VARIABLEMaintenance Cost Pct
beta(2, 18)
Maintenance typically costs between 5% and 15% of gross rent depending on property age.
maintenance_cost_pct
CONSTANTMonthly Fees
400
Other fixed monthly costs like insurance, taxes, or HOA.
monthly_fees
FORMULAEffective Gross Income
monthly_rent * 12 * occupancy_rate
Total revenue generated after accounting for vacancies.
effective_gross_income
FORMULAAnnual Maintenance Costs
monthly_rent * 12 * maintenance_cost_pct
Annual cost of maintenance based on a percentage of potential rent.
annual_maintenance_costs
FORMULANet Annual Income
effective_gross_income - annual_maintenance_costs - (monthly_fees * 12)
Final annual profit after all expenses.
net_annual_income
OUTPUTNet Annual Income
Net Annual Income
Track the net annual income output
What is Carlo?
Carlo is a visual tool for Monte Carlo simulation. Model uncertainty by dragging probability distributions, connecting them visually, and running thousands of scenarios instantly.