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Calculator for Comparison of buying rental house and saving money

Initial costs
Down Payment		If you down payment is less than 20% house price, you may need to pay mortgage insurance
Closing cost
Mortgage information
Loan amount: = House price - Down payment		If house sale price is $100000 and you pay 20% down payment ($20000), the total mortgage is $80000.
Mortgage Rate	%	Enter current mortgage rate
Mortgage Length	Years	For example: 10, 15 or 30 years
Costs during the period you own the house (input total cost for each field. Don't input monthly cost)
Duration you own the house	Years Months
Mortgage Insurance (when down payment less than 20%)		Total cost in the period
Property insurance		Total cost in the period
Property tax		Total cost in the period
Home Owner Associate (HOA) fee		Total cost in the period
Regular maintenance (tax deductible)		Total cost in the period on maintenance and and repairing.
Regular maintenance (no tax deductible)		Total cost in the period on house improvement (install fans, hardwood floor ...)
Other cost (tax deductible)		Total cost in the period. Such as special assessment
*Rental information*
Earnings		Total money you get in the period.
Expenses		Total cost in the period. Including "for rent" signs, printing contract, advertisement ...
*House selling information*
House selling price
Expense during transaction		Total cost during selling the house
*Other*
Earnings		Total earnings not include in above items
Expenses (tax deductible)		Total expenses not include in above items
Expenses (no tax deductible)		Total expenses not include in above items
*Income tax information*
Approximate tax rate	%	Based on federal and state income tax to determine a approximate tax rate like 25%, which will be used to calculate tax return.

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