Net Operating Income Calculator

Calculate NOI for investment properties considering income and expenses

About Net Operating Income Calculator

Understanding Net Operating Income

Net Operating Income is the lifeblood of real estate investment analysis. It's what separates successful property investors from the rest. Dating back to the early days of commercial real estate, NOI has been the go-to metric for evaluating a property's true earning potential, stripped of financing costs and tax complications.

NOI Formula Explained

NOI = Gross Operating Income - Operating Expenses
Operating Margin = (NOI / Gross Income) × 100
Cap Rate = (NOI / Property Value) × 100

Income Components

Primary Income:

Base rent from tenants
Potential vs. actual collections
Vacancy and collection loss
Market rate comparisons

Additional Revenue:

Parking fees
Vending and laundry
Pet rent and fees
Storage units
Service charges

Operating Expenses

Fixed Expenses:

Property taxes
Insurance
HOA fees
License and permits

Variable Expenses:

Utilities
Maintenance
Property management
Marketing costs
Landscaping

Investment Analysis

Key Metrics:

Capitalization rate
Gross rent multiplier
Price per square foot
Return on investment

Planning Tools:

Cash flow projections
Debt service coverage
Break-even analysis
Investment forecasting

Learn More

Understanding NOI