FREE Property Tax Calculator

This calculator helps you estimate your annual property tax obligations to better plan for your investment expenses

Property Tax Calculator for Real Estate Investors

Property Tax Calculator

Estimate your annual property tax obligations to better plan for your real estate investment expenses.

Enter Property Details

Property Value ($)

Please enter a valid property value

Property Tax Rate (% or mill rate)

Please enter a valid tax rate

Enter as a percentage. For example, if your tax rate is 1.25%, enter 1.25. If you have a mill rate, divide by 10 (e.g., for a mill rate of 12.5, enter 1.25).

Homestead or Other Exemptions ($)

Please enter a valid exemption amount

Assessment Ratio (%)

Please enter a valid assessment ratio

Some jurisdictions only tax a percentage of the property's value. Enter 100 if your area taxes the full value.

Estimated Property Tax

Property Value: $0

Assessment Ratio: 0%

Assessed Value: $0

Exemptions: $0

Taxable Value: $0

Tax Rate: 0%

Annual Property Tax: $0

Monthly Tax Payment: $0

About Property Taxes

Property taxes are a significant expense for real estate investors. They are typically calculated based on the assessed value of the property multiplied by the local tax rate.

This calculator helps you estimate your annual property tax obligations to better plan for your investment expenses. Keep in mind that tax rates and assessment methods vary by location, so check with your local tax assessor for the most accurate information.

When budgeting for annual expenses, remember to include property taxes along with insurance, maintenance, and potential vacancies to get a complete picture of your investment costs.