Finance calculator
Capitalization rate calculator
Cap rate expresses annual NOI relative to asset value. Use consistent time periods for NOI.
Inputs
Enter valid numbers. Calculations run entirely in your browser.
Results
Cap rate
—
Cap rate (%)
—
Example
NOI 48,000 on a 600,000 asset: cap rate 8%.
Explanation
Cap rate = NOI ÷ value.
FAQ
Before or after debt?
Classic cap rate uses unlevered NOI.