---
title: "Project Long-Term Rental Income — Valuation API"
description: "Project 12-month-lease rental performance: monthly rent band, vacancy assumption, gross operating income, and net operating income after expense ratios."
---

# Long-term (12-month-lease) rental projection

`GET /api/properties/rental/long_term/`

5 credits

## What it returns

Projected long-term rental income — monthly rent band, vacancy assumption, gross operating income, net operating income after standard expense ratios, and capitalization rate vs. the AVM. Built from MLS-comparable rentals in the same micro-market.

## When to use it

- Underwrite buy-and-hold rental candidates.
- Compute cap rates across a watchlist.

## Pricing

5 credits.

## FAQ

### What's included in the expense assumption?
Property management (8%), maintenance (5%), vacancy (5%), insurance, property tax. Mortgage cost is NOT included — these are pre-debt-service numbers (NOI).