Find net operating income and cap rate, or estimate property value from NOI and a positive target cap rate.
01 / CALCULATION MODE
02 / PROPERTY DETAILS
Leave optional vacancy and operating expenses blank for zero. Net operating income (NOI) excludes mortgage payments, income taxes and depreciation.
03 / YOUR RESULT
04 / CALCULATION
$42,000.00 − $2,000.00 − $10,000.00 = $30,000.00
$30,000.00 ÷ $400,000.00 × 100 = 7.5%
Cap rate is an estimate. Figures stay in your browser; currency changes display only.
Enter the values you want to compare; processing happens in your browser.
Adjust optional settings and review validation feedback before relying on the estimate.
Review the formulas and equivalent values, then copy the result you need.
Choose cap rate or reverse value. Enter annual rent, operating expenses and optional vacancy allowance, then enter property value or target cap rate.
Net operating income and expense breakdown, cap rate and reverse estimated value with transparent equations.
Property figures remain in your browser. Mortgage payments, income taxes and depreciation are excluded from NOI.
Capitalization rate compares annual net operating income (NOI) with property value: NOI divided by value, multiplied by 100.
NOI equals annual rental income minus entered annual vacancy allowance and annual operating expenses.
Yes. Choose the reverse mode; estimated value equals positive NOI divided by the positive target cap rate as a decimal.
In forward mode, NOI and cap rate can be negative. Reverse valuation requires positive NOI to estimate a positive property value.
No. Mortgage payments, income taxes and depreciation are excluded from this operating-income calculation.
No. Calculations happen in browser memory. Currency only changes display; no exchange rate or upload is used.