Flagship Rental Decision Tool
Should I Rent This Property?
A 360° practical analysis of true monthly cost, day-1 move-in cash, commute impact, multi-year escalation, and lease verification before signing.
Verified Rental Analysis
Rental Decision Report
2 BHK Apartment • Stay Duration: 24 Months
Decision Summary
Financially manageable based on the entered parameters, with key lease terms to verify before signing.
Affordability
--
Based on income
Day-1 Cash Pressure
--
Total move-in fund
Commute Load
--
Monthly hours spent
Escalation Impact
--
Annual hike burden
Reality Check
A. Monthly Cost Breakdown
| Advertised Listed Rent | ₹0 |
| + Society Maintenance | ₹0 |
| + Parking Charges | ₹0 |
| + Monthly Commute Cost | ₹0 |
| Effective Recurring Cost | ₹0/mo |
|
+ Amortized Sunk Move-in Costs (Brokerage + Movers + Setup spread across stay) |
₹0/mo |
|
+ Deposit Opportunity Cost (Lost investment return on deposit capital) |
₹0/mo |
True Effective Monthly Cost
All direct, amortized & capital costs
₹0
Upfront Capital
B. Day-1 Move-In Cash Required
Total Initial Cash Required
₹0
Total liquid funds needed on move-in day
Refundable
Security Deposit
₹0
Locked capital returned upon lease completion.
Prepaid
Advance Rent
₹0
Applied toward upcoming monthly rent.
Non-Refundable
Sunk Move-in Costs
₹0
Brokerage, agreement, movers, and setup expenses.
Important Note: Your security deposit is refundable capital, not permanently spent money.
Cash Flow
C. Affordability & Disposable Income
Rent / Income
0%
Housing / Income
0%
True Cost / Income
0%
| Monthly Take-Home Income | ₹0 |
| − Non-Housing Living Expenses | −₹0 |
| − Existing EMIs & Debts | −₹0 |
| − Effective Recurring Housing Cost | −₹0 |
| Estimated Monthly Disposable Income | ₹0 |
Income was not provided. Enter your monthly take-home salary in Step 2 to view debt-to-income and cash flow headroom.
Time & Fuel
D. Commute & Travel Burden
Monthly Commute Time
0 Hours
≈ 0 hrs / day
Monthly Fuel / Transit
₹0
₹0 / year
Annual Commute Impact:
You may spend approx 0 hours per year travelling.
Multi-Year Forecast
E. Rent Escalation & Stay Cost
| Year | Monthly Rent | Annual Rent |
|---|
Total Non-Refundable Stay Cost
All rent + maintenance + move-in costs
₹0
Capital Protection
F. Security Deposit Economics
Deposit Locked
₹0
Est. Opportunity Cost
₹0
At an assumed 8% annual return, locking this deposit represents approx ₹0/month in forgone interest/investment returns over your stay.
Deterministic Financial Insights
Before You Say Yes — Verification Checklist
Review these 10 critical tenancy points with the landlord/broker before paying any token amount| Verification Point | Why It Matters | Status |
|---|---|---|
| 1. Rental Agreement Draft | Ensure 11-month or registered agreement terms match agreed rent and security deposit. |
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| 2. Security Deposit Refund Conditions | Clarify exact deductions (painting, damages) and refund timeline (e.g. 7 days from handover). |
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| 3. Notice Period & Shortfall Penalty | Standard is 30 days written notice. Verify if landlord requires 60 days or penalty clauses. |
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| 4. Lock-in Period Clause | Check if there is a minimum lock-in (e.g. 6 months) where deposit is forfeited on early exit. |
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| 5. Maintenance & Society Dues | Verify who pays society sinking funds, club house fees, and major structural repairs. |
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| 6. Electricity & Water Sub-Meters | Confirm individual government meter readings or commercial rate per unit charged by landlord. |
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| 7. Existing Damages & Fixtures | Record walkthrough video/photos of wall seepage, plumbing, geyser, and AC before moving. |
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| 8. Dedicated Parking Slot | Ensure parking slot number is written in the agreement to avoid society disputes. |
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| 9. Exit Painting & Deep Cleaning Fees | Confirm whether 1-month painting deduction is enforced or if repainting yourself is accepted. |
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| 10. Signed Move-In Inventory List | Attach an inventory list signed by both parties for fans, lights, keys, and appliances. |
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Useful Next Tools for Your Rental Journey
Frequently Asked Questions
The report evaluates a rental property across 6 practical dimensions: Advertised vs Effective Monthly Cost, Upfront Cash segregation (Refundable Deposit vs Sunk Move-in costs), Optional Affordability based on your salary, Commute cost and travel hours, Long-term stay cost with rent escalation, and a 10-point lease condition verification checklist.
A security deposit is refundable capital locked during your tenancy, not a permanent expense. The Rental Decision Report clearly separates your refundable deposit from non-refundable move-in costs (brokerage, agreement, movers, cleaning).
No. RentWise India operates with strict client-side privacy. All calculations run entirely in your local browser and no personal salary, expense, or EMI data is ever saved or sent to any server.
Advertised rent is only the base lease amount. True Effective Monthly Cost includes recurring maintenance and commute costs, plus amortized one-time move-in costs (brokerage, agreement, shifting) and the opportunity cost of locked deposit capital over your expected stay duration.
The tool provides objective financial facts, cash requirement breakdowns, and risk indicators (Affordability, Cash Pressure, Commute, Escalation). The final decision remains with you.