Cap Rate Calculator
Estimate a rental property’s capitalization rate, see a deal grade, and explore how price affects your returns.
📊 Cap Rate & NOI
🏠 Vacancy & Operating Expenses
🎯 Price & Rent Solvers
📈 Price Sensitivity Slider
Deal Inputs
Enter your purchase price, rent, and realistic expense assumptions.
$
The total price you pay for the property. Use the slider for sensitivity analysis.
$
Sum of scheduled monthly rent if
fully occupied.
%
Percentage of rent lost to vacancy and non-payment.
%
Management fee as a percentage of collected rent (after vacancy).
%
Ongoing repairs and long-term capital expenses as % of collected rent.
$
Property taxes, insurance, utilities you pay, HOA, etc.
Cap Rate Summary
Deal Grade
Cap Rate
0.0%
Net Operating Income (NOI)
$0
Gross Operating Income (GOI)
$0
Expense Ratio (OpEx ÷ GOI)
0.0%
Enter your numbers to see the cap rate and a quick grade for this deal.
Income & Expense Breakdown
Understand how each component contributes to your NOI.
Gross Scheduled Income (GSI)
$0
Vacancy Loss
$0
Management Cost
$0
Maintenance & CapEx Reserve
$0
Other Annual Operating Expenses
$0
Total Operating Expenses
$0
Price Required for Target Cap
Desired Cap Rate:
%
Required price for target cap: $0
Difference vs current price: $0
Rent Required for Target Cap
Desired Cap Rate:
%
Required Monthly Rent: $0
How to interpret this
- Cap Rate = NOI ÷ Purchase Price.
- GSI assumes 100% occupancy; GOI subtracts vacancy loss.
- Expense Ratio shows what share of GOI is consumed by operating expenses.
- The Price Helper shows the price needed to match your desired cap rate using the calculated NOI.
- The Rent Helper shows the rent needed to hit your desired cap rate using the current price.
Cap Rate vs Purchase Price
Shows how cap rate changes as you move the purchase price based on the **slider range** (NOI held constant).
Enter your deal numbers to generate the cap rate sensitivity chart.