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Tools · Calculator

Cap-rate calculator

Translate net operating income and price into a going-in cap rate — and back-solve what a property is worth at your target yield.

Inputs

Results

Going-in cap rate
7.00%
$420,000 NOI ÷ $6,000,000 price
Value at 7% cap
$6,000,000
$420,000 NOI ÷ 7.00% target
Cap rate is a snapshot of unlevered yield. It says nothing about growth, leverage, or risk — underwrite those separately.

A cap rate is the beginning, not the answer

We underwrite growth, leverage, and risk — not just yield. Bring us a deal for a full read.