CASA-IA · PROPERTY INVESTMENT

Assess a property purchase for rental income

Before you buy, compare the investment required with what could remain each year. Enter your assumptions for three rental options.

Free calculation, no registration required. Your figures stay on this page and are not sent to ITAPM.

1. Investment and financing

Enter numbers without thousands separators; use either a comma or a full stop for decimals.

Purchase price (€)

Total purchase taxes (€)

Notary, professional fees and other purchase costs (€)

Renovation and initial contingency budget (€)

Furniture and equipment (€)

Enter amounts including VAT where applicable, without counting taxes twice. Include any agency and financing costs.

Calculate purchase taxes first

Mortgage amount (€)

Monthly mortgage payment (€)

The mortgage can finance no more than the purchase price. Enter the expected payment, including principal and interest: it is not calculated automatically.

2. Choose a rental option to simulate

Each rental option keeps its own income, cost and tax assumptions. Complete the other options to compare them.

Income and occupancy

Monthly rent (€)

Months actually rented per year

Annual costs and taxes

IMU property tax, building charges and insurance you pay (€)

Utilities you pay (€)

Maintenance and contingency reserve (€)

Other annual costs and subscriptions (€)

Management fee (%)

Management fee calculation basis

The percentage is your assumption. ITAPM sets out its fees and services in a personalised proposal.

Annual tax on rental income (€)

Enter an estimate checked for your tax regime, including 0 if appropriate. The calculator does not apply tax rates automatically.

A cost entered as zero is excluded from the calculation. Complete all costs you will bear before comparing the results.

3. Review the annual result

Long-term rental

Complete the price, income and income tax fields to view the simulation.

Check the highlighted fields. The price must be greater than zero; amounts and totals must not exceed 1 billion euros; months must be 0–12; available nights must be whole numbers from 0–365; percentages must be 0–100%; and the average stay must be 1–365 nights. The mortgage cannot exceed the purchase price; without a mortgage, the payment must be zero. Every visible field requires a value, including 0 where appropriate.

This is a simulation based on the figures you enter, not a market valuation or a promise of returns.

The summary includes the assumptions and results for the selected rental option. You can save it as a PDF from your browser’s print dialog.

ITALIAN PROPERTY MANAGER

From simulation to property management with ITAPM

Considering short-term rentals? Italian Property Manager can assess the property's potential, costs and management in more detail with a personalised proposal.

Explore property management with ITAPMOpens itapm.it in a new tab. The simulation does not send an enquiry or appoint a property manager.

Compare the three rental options

Rental option	Annual rent	Operating yield	Annual cash flow after taxes and mortgage payments
	Complete the figures for this option
	Complete the figures for this option
	Complete the figures for this option

How much could the results change?

Conservative: rent or nightly rate −10%, and rented months or occupancy −15%. Favourable: +10% for both, capped at 12 months and 100% occupancy. Variable costs are recalculated; annual costs, the taxes entered and mortgage payments stay unchanged. These are sensitivity tests, not tax forecasts or probabilities.

Scenario	Annual rent	Operating yield	Annual cash flow after taxes and mortgage payments
Conservative	Complete the figures for this option
Base	Complete the figures for this option
Favourable	Complete the figures for this option

How the results are calculated

The investment includes the price, purchase taxes, fees, renovation and furniture. Rental income depends on rented months or occupied nights. For short-term rentals, cleaning charges are separate revenue and booking platform fees apply to total revenue. Stays are estimated by dividing occupied nights by the average stay. Security deposits, tourist tax to be remitted, capital appreciation and any future property sale are excluded.

The operating result deducts all operating costs from revenue. The income taxes entered are then deducted, followed by mortgage payments to calculate cash flow. Property yields use total investment as the denominator; the cash return uses initial equity. Mortgage principal repaid is not included in the cash return.