IRR Calculator

Calculate the Internal Rate of Return and evaluate investment projects.

Initial Investment

$

Projected Cash Flows

$
$
$
$
$

Discount Rate

%

Internal Rate of Return (IRR)

19.71%

Required: 10%

NPV
$29,079
MIRR
15.76%
Profitability Index
1.29
Payback Period
3.3 years
Total Inflows
$175,000
Net Cash Flow
$75,000

Decision Criteria

IRR vs Required ReturnAccept
NPV RuleAccept
PI Rule (PI greater than 1)Accept

Note: IRR assumes cash flows can be reinvested at the IRR rate. MIRR provides a more realistic view.