MossMeter tool

Cap Rate Calculator

Estimate a property’s cap rate from its annual net operating income and price. Enter both amounts in the same currency; the result updates as you type.

Property figures

Enter both amounts in the same currency. Currency symbols are omitted.

Enter a value greater than zero.

Enter the property price.

Use annual income after operating expenses; zero and negative NOI are allowed.

Enter the annual NOI.

Cap rate

Complete both fields with valid amounts to see the cap rate.

Calculation

Cap rate compares annual NOI with property price. A zero or negative NOI produces a zero or negative result; property price must be greater than zero.

Cap rate (%) = (annual NOI ÷ property price) × 100