Net operating income or NOI is one of the basic calculations used to to determine CAP rate and viability of an investment property. We have a page on Real Estate Investing 101 dedicated to the various real estate investment calculations. Now we are adding a nifty NOI calculator.
We found a NOI calculator on a site we were visiting and wanted to pass a link on to our readers. The NOI calculator can be used for single or multi-family real estate and has input boxes for most of the common costs. If you don’t see a box for a cost you are including, just put it is an unused box. Make sure and look at how the input box is calculated though. Some items are %’s, some are annual costs and others are monthly.
Here is a link to the NOI calculator.
Best to you,
Ron & Gene Urban
The Urban Team at Realty Executives
602-234-5777
