Three units. Three income streams. One free analyzer. Freddie calculates cash flow, ROI, and cap rate on any triplex investment in seconds.
Dan White, 20-year fix-and-flip veteran in Northern Virginia, used FreeDealCalc to analyze a $130,000 wholetail opportunity in under 5 minutes. No spreadsheet. No paid software. Just Freddie.


"I've been flipping houses for 20 years and I built this tool because nothing free was actually good enough. Freddie does what I used to do with spreadsheets — but in seconds, for free, for every investor who needs it."
A buyer who purchases this property as a wholetail deal undertakes all renovation work at their own direction, cost, and risk. The seller makes no representations regarding property condition and all sales are as-is. Buyer is responsible for all due diligence, inspections, and compliance with local codes and regulations.
Triplexes offer economies of scale over single-family — three income streams from one acquisition, lower per-unit cost, and still eligible for owner-occupied financing (FHA, conventional) with as little as 3.5-5% down. They're one of the best entry points for small multifamily investing.
Total gross rents minus vacancy (5-8%) minus operating expenses (taxes, insurance, management, maintenance, CapEx) minus debt service equals monthly cash flow. Model each unit separately and aggregate — Freddie handles all three units simultaneously.
Triplexes qualify for FHA (3.5% down with owner occupancy), conventional owner-occupied (5-10% down), and investment property loans (20-25% down). FHA and conventional owner-occupied loans have much lower rates and down payments but require you to live in one unit.
Cap rates vary by market. In appreciation markets (coastal cities) 4-6% is normal. In cash flow markets (Midwest, Southeast) 7-10% is typical. Target a cap rate above the local prevailing rate for comparable multifamily to ensure you're paying a fair price.
Buy with owner-occupied financing (low down payment, better rate), live in one unit, rent the other two. Rental income offsets your mortgage payment — in strong rent markets, you may live nearly free. After 12 months of occupancy, you can move out and rent all three units.
Property taxes, landlord insurance (higher than single-family), property management (8-10% of rents), maintenance ($150-250/month per unit), CapEx reserves ($200-300/month for roof, HVAC, appliances), and vacancy reserves (5-8%). Triplex expenses per unit are lower than single-family but aggregate quickly.
Free forever. No credit card. No spreadsheet. Just Freddie.