North Carolina Rental Property Calculator

Reviewed by ArvCalc Editorial TeamLast updated: September 2026

Free North Carolina rental property calculator pre-loaded with NC property tax (0.73%), insurance ($1,500/yr), and vacancy (6.5%) defaults. Results are for educational underwriting purposes and should not be treated as financial, tax, legal, or investment advice.

Purchase & Financing

Income

NC avg: 6.5%

Expenses

NC rate: 0.73%

NC avg: $1,500/yr

NC avg: 8%

Results

Fill in the fields to see rental analysis

North Carolina Market Snapshot

Median Sale Price

$0

+4.8% YoY

Median Rent

$1,500/mo

+3.5% YoY

Vacancy Rate

6.5%

State average

Days on Market

33

Median DOM

Property Tax Rate

0.73%

Avg Insurance

$1,500/yr

Population Growth

%

Why Use North Carolina Data?

Real estate investing is hyperlocal. National averages for property tax, insurance, and vacancy rates can be wildly misleading when underwriting a deal in North Carolina. The NC effective property tax rate is 0.73%, which translates to $0/year on a median-priced North Carolina home at $0. That single line item can be the difference between positive and negative cash flow.

Homeowners insurance in North Carolina averages $1,500/year. Failing to account for NC-specific insurance costs is one of the most common mistakes new investors make when running numbers remotely. Moderate insurance costs inland.

The North Carolina vacancy rate currently sits at 6.5%. Plugging in a generic 5% vacancy assumption when the actual market runs at or below that level will roughly match your projected income. This calculator pre-fills NC data so your analysis starts from reality, not assumptions.

Frequently Asked Questions

Is the data in this calculator specific to North Carolina?
Yes. The vacancy rate (6.5%), property tax rate (0.73%), and insurance cost ($1,500/yr) are all pre-loaded with North Carolina-specific data sourced from state agencies and market databases. You can override any value.
How often is the North Carolina data updated?
We review and update state market data quarterly. The current dataset was last reviewed in 2026-09-01. Sources include Tax Foundation, NC Department of Insurance, Federal Reserve FRED, and others.
Can I use custom numbers instead of the pre-filled defaults?
Absolutely. The pre-filled values are starting points based on NC averages. Every field is editable. For property-specific analysis, enter the actual numbers from your deal.
What monthly cash flow should I target in North Carolina?
Most investors target $100-300/month per unit as a minimum. In North Carolina, with property taxes at 0.73% and insurance at $1,500/yr, achieving positive cash flow requires careful analysis. Use this calculator to verify the numbers before making an offer.
What is cash-on-cash return?
Cash-on-Cash Return measures the annual pre-tax cash flow relative to the total cash invested (typically your down payment plus closing costs). A 8-12% cash-on-cash return is considered good for rental properties.