Enter the total monthly income ($) and the RTI (rent-to-income) ratio into the calculator to determine the Landlord Rent.
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Landlord Rent Formula
The following formula is used to calculate the Landlord Rent.
R = MI * RTI
- Where R is the Landlord Rent ($)
- MI is the total monthly income ($)
- RTI is the RTI (rent-to-income) ratio
How to Calculate Landlord Rent?
The following example problems outline how to calculate Landlord Rent.
Example Problem #1:
- First, determine the total monthly income ($). In this example, the total monthly income ($) is given as 8000.
- Next, determine the RTI (rent-to-income) ratio. For this problem, the RTI (rent-to-income) ratio is given as .45.
- Finally, calculate the Landlord Rent using the equation above:
R = MI * RTI
The values given above are inserted into the equation below:
R = 8000 * .45 = 3600 ($)
Example Problem #2:
The variables needed for this problem are provided below:
total monthly income ($) = 9000
RTI (rent-to-income) ratio = .5
Entering these values and solving gives:
R = 9000 * .5 = 4500 ($)
