Cap Rate & NOI Calculator
Analyze commercial real estate with net operating income, capitalization rate, gross rent multiplier, and expense ratios. Includes income/expense pie charts and purchase price sensitivity analysis.
Cap Rate & NOI Calculator — Commercial Real Estate Analysis
Calculate net operating income (NOI), cap rate, gross rent multiplier (GRM), and operating expense ratio (OER) for commercial real estate investments.
Operating Expenses
Net Operating Income (NOI)$78,150
Cap Rate7.81%
Effective Gross Income$118,750
Total Operating Expenses$40,60034.2% of effective gross income
Gross Rent Multiplier (GRM)8.33x
Operating Expense Ratio (OER)34.2%
Income Breakdown
Expense Breakdown
Cap Rate Sensitivity — Varying Purchase Price
What the cap rate would be if the purchase price changed, holding NOI constant.
| Price Change | Purchase Price | Cap Rate |
|---|---|---|
| -20% | $800,000 | 9.77% |
| -15% | $850,000 | 9.19% |
| -10% | $900,000 | 8.68% |
| -5% | $950,000 | 8.23% |
| +0% | $1,000,000 | 7.81% |
| +5% | $1,050,000 | 7.44% |
| +10% | $1,100,000 | 7.10% |
| +15% | $1,150,000 | 6.80% |
| +20% | $1,200,000 | 6.51% |