Due Diligence

Rental Property Deal Analysis Checklist

Before you commit, run through every assumption one last time.

Last reviewed: October 5, 2026 · 2 min read · 713 Metrics Editorial

Income

  • Rent supported by leased comparables
  • Other income verified
  • Vacancy assumption justified

Expenses

  • Property tax estimated at property level
  • Insurance and flood quotes
  • HOA verified
  • Management, maintenance, capex included

Financing

  • Written rate quote
  • Payment calculated
  • Total cash invested including reserves

Metrics

  • NOI
  • Cash flow (monthly and annual)
  • Cap rate
  • Cash-on-cash
  • DSCR
  • 713 Metrics Score reviewed with its components

Stress tests

  • Rent −10%
  • Vacancy +5 points
  • Rate +1 point
  • Taxes +20%
  • Rehab overrun

Diligence

  • Inspection complete
  • Title reviewed
  • Flood exposure understood
  • Professionals consulted

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Run the Numbers

Sources & Further Reading

  1. Harris Central Appraisal District — Property search, appraisal notices, and protest information. hcad.org
  2. FEMA — Flood Map Service Center. msc.fema.gov/portal/home
  3. Consumer Financial Protection Bureau — Buying a house: loan estimates and closing disclosures. www.consumerfinance.gov/owning-a-home/

Sources accessed for review on October 5, 2026. Laws, rates, and programs change — confirm current details at the source.

713 Metrics provides educational and informational tools and content. Nothing on the platform constitutes financial, investment, tax, legal, lending, appraisal, brokerage, insurance, or real-estate advice. Users should independently verify information and consult appropriate licensed professionals.