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Cap Rate Calculator

Measure unleveraged yield on any rental property.

Financial Metrics

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Cap Rate
How it works
1

Divide NOI by property value

2

Multiply by 100 to express as a percentage

3

Compare to cap rates on similar properties in the same submarket

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DoorVault reads your statements, categorizes every transaction, and shows you live metrics for every property in your portfolio. No spreadsheets.

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Related tools and terms

NOI Calculator

Calculate Net Operating Income from gross rent, vacancy, and operating expenses.

Gross Rent Multiplier Calculator

Another fast comp screen using gross rent and price.

Cash on Cash Return Calculator

See the first-year yield on the cash you actually put in.

Capitalization Rate (Cap Rate)

View glossary definition

Net Operating Income (NOI)

View glossary definition

Frequently asked questions
What is a good cap rate?
It depends on the market and asset class. Compare only to similar properties nearby.