Tools / Cap rate

Cap rate calculator

Cap rate = annual NOI ÷ property value × 100. Gross yield (optional) = annual gross rent ÷ value × 100 — not the same as cap rate. Not investment advice.

Property value ($)

Annual NOI ($)

Annual gross rent ($ optional)

Cap rate: 6.00%

Gross yield (for comparison): 8.23% — uses rent before expenses, unlike NOI-based cap rate.

Optional: grab a printable lease checklist or Schedule E worksheet. No signup required to use the calculator.

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