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Rental Property Cap Rate Calculator with NOI Breakdown

Calculate net operating income and capitalization rate from rental income, vacancy and operating expenses.

Private by design. Inputs and calculations stay in this browser tab. No financial or property values are uploaded.

Scenario inputs

Cap Rate Calculator

Cap rate equals net operating income divided by property value; financing is intentionally excluded from NOI.

Calculated view
Effective gross income$35,400.00
NOI$24,200.00
Cap rate6.91%
Value at same NOI / 6% cap$403,333.33
Sensitivity analysis

Scenario lab

Changes only Annual operating expenses while holding the other assumptions constant.

80% input8,960
Primary result: 35,400
90% input10,080
Primary result: 35,400
100% input11,200
Primary result: 35,400
110% input12,320
Primary result: 35,400
120% input13,440
Primary result: 35,400

This calculator is an educational planning tool. Verify financing, tax, legal, investment and accounting decisions using the authoritative documents and professionals that apply to your situation.

Why this tool is different

Calculate net operating income and capitalization rate from rental income, vacancy and operating expenses. OpenFileTools exposes the inputs, formulas and scenario effects so the estimate remains auditable.

Requirements and recommendations

Model the decision with explicit assumptions

  • Enter realistic assumptions instead of best-case values.
  • Use the scenario lab to see which assumption changes the result most.
  • Verify taxes, rates, fees, legal rules and market inputs from authoritative sources before making a real decision.
How OpenFileTools processes it

Local processing, explicit choices.

The browser evaluates the published calculation from your inputs and recomputes a bounded sensitivity range around the selected scenario variable. No external market feed or hidden scoring service is called.

Frequently asked

Questions, answered.

Is my data uploaded?

No. Batch 3 workbooks, trackers and calculators run locally in this browser tab and generate downloads on your device.

Are the results official advice?

No. These tools are planning and analysis aids. Verify important academic, financial, tax, legal, lending, employment or investment decisions with the relevant authoritative source or professional.

Related guide

Learn more about this task.

Read the related guide