IRR based on fixed cash flow

Computes IRR from an initial investment, optional recurring deposits or withdrawals, and an ending balance.

Initial Investment ($)

Holding Period

Years

Months

Ending Balance ($)

Deposit / Withdraw ($ per period)

Flow Type

Frequency

Payment Timing

Calculation Results

Internal Rate of Return (IRR)	—

What is Internal Rate of Return (IRR)?

The **Internal Rate of Return (IRR)** is the annual discount rate that makes the net present value (NPV) of all cash flows equal to zero. It is widely used to compare investments and capital projects.

Example

You invest $5,000 and receive $10,000 back after 5 years with no interim deposits. Enter $5,000 as the initial investment, set the holding period to 5 years, and $10,000 as the ending balance. The IRR is **14.870%**.

Disclaimer. This calculator is for informational purposes only. IRR assumes interim inflows are reinvested at the same rate, which may not match reality. Projects with multiple sign changes can have more than one IRR.