Core Metrics
A cap rate is the return a property would produce if it were bought with cash. It is the first number institutional buyers ask for, and it sets the price before anyone opens a spreadsheet.
This calculator builds net operating income from each expense line rather than a single blended assumption, then compares your result to market cap rates for the property type, building class and unit count.
Estimates for illustration only, not tax, legal or investment advice. Past performance does not guarantee future results; consult your advisors.
Investors with an account have access to the full set of underwriting tools in the Investor Portal.
