Calculator page

Cap Rate Calculator

DealCalc gives you a fast cap rate view so you can compare property income efficiency before getting buried in a longer underwriting pass.

Primary output Cap rate

Primary output NOI context

Sample scenario

See whether the income justifies the price quickly.

Example numbers only. Verify rents, vacancy, taxes, insurance, and management assumptions before using cap rate as a filter.

Example inputs

Purchase price$615,000
Gross annual rent$78,000
Vacancy + operating drag$26,610
Annual NOI$51,390
Units6

Example outputs

Cap rate 8.4%

NOI $51,390

Value signal Worth deeper review

Verdict Promising filter

How the math works

Core formulas investors care about

Net operating incomeGross income - vacancy - operating expenses
Cap rateNOI / purchase price
Yield contextCap rate compared with your target return

Why it matters

What to verify before you trust the answer

Cap rate is not the whole deal. But it is a strong first-pass filter when you want to know whether a property deserves deeper underwriting time.

What DealCalc surfaces

Net operating income before financing
Cap rate against current basis or purchase price
Quick comparison context across multiple properties
A fast step before deeper rental or multifamily analysis

Why investors use it

Cap rate is not the whole deal. But it is often the fastest early signal for whether a property deserves more underwriting attention.

Common questions

What does cap rate mean?

Cap rate measures net operating income relative to price or basis. It is a quick signal for how efficiently a property produces income.

Is cap rate enough to buy a property?

No. Cap rate is a useful filter, but you still need to understand financing, repairs, reserves, and actual monthly cash flow.

Why compare cap rate with NOI?

Because cap rate comes from NOI. Looking at both keeps you honest about whether the income quality supports the valuation.

Get DealCalc

Filter properties faster before you underwrite the wrong one.

Join the waitlist if you want cap rate, rental underwriting, cleaner reports, and one mobile workflow that keeps the math moving.

Join waitlist See pricing