Cap Rate
The number every investor compares
The capitalization rate, or cap rate, is annual net operating income divided by the property price. It is the standard way to compare income properties quickly, and with this calculator you can also work it backward: what price a target cap rate implies for a given property.
Browser-only estimate
Price to income, in one number
Enter annual net operating income and a price to get the cap rate, or set a target cap rate to see the implied price. Both update as you type.
Gross rent less vacancy and operating expenses, before debt service. Use the NOI calculator if you need it.
Current cap rate
6.0%
- Net operating income
- $24,000
- Price to hit target cap
- $400,000
- Value per NOI dollar
- 16.7x
Estimates only. Cap rate is a screen, not a verdict: location, condition, and financing all matter.
Compare Market Cap RatesGet the real numbers
Bring your numbers to a free strategy call
This is a browser-only estimate to help you plan. Michael “Wiz” Wisniewski pairs the math with real lender quotes, current tax and insurance figures, and a plan that fits your goals. No obligation, no pressure.
This is a browser-only estimate with simplified assumptions.
Cap rate does not include financing. A financed deal can still look different once you add debt service.
Typical Florida cap rates vary by market, property type, and condition; Wiz shares current ranges for your target county.