FinCalcs

Cap Rate Calculator

Compare income property at a glance.

Runs locally in your browser — your numbers never leave this page
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Try: Net operating income=24000, Property value=300000 → $24,000, $300,000, 8.00%

How to use

Capitalization rate is net operating income divided by price. It is the unlevered return and the quickest way to compare two properties.

Formula

Cap rate = NOI / Property value

FAQ

Does cap rate include my mortgage?

No, it is unlevered — based on the full price, not your financing.

What is a good cap rate?

Higher means more return but usually more risk; it is market-specific.

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