Hometrino calculators

Cap rate calculator

Unlevered yield from rent, operating expenses, and property value.

Property A

$
Excludes mortgage; incl. taxes, ins, mgmt, repairs
$
$

Cap rate (Property A)

5.14%

NOI $21,600 on value $420,000

Gross income (A)

$33,600

Operating expenses (A)

$12,000

NOI (A)

$21,600

Cap rate basics

NOI is gross scheduled income minus operating expenses (not mortgage). Cap rate is NOI divided by value or price—useful for comparing deals before financing. It does not reflect leverage, taxes, or future rent growth.