Enter the home value ($) into the Calculator. The calculator will evaluate the Optimal Rent.

## Optimal Rent Formula

OR = .20 * HV / 12

Variables:

- OR is the Optimal Rent ($/month)
- HV is the home value ($)

To calculate Optimal Rent, multiply the home value by 20%, then divide by 12 to get the result in monthly rent.

## How to Calculate Optimal Rent?

The following steps outline how to calculate the Optimal Rent.

- First, determine the home value ($).
- Next, gather the formula from above = OR = .20 * HV / 12.
- Finally, calculate the Optimal Rent.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem : **

Use the following variables as an example problem to test your knowledge.

home value ($) = 560000