PropdealcalcNOI calculator
Net operating income is what a property earns after operating costs and before the mortgage and income tax. It is the base for cap rate, DSCR and valuation.
Income per month
$
$
% of rent
Operating expenses per year
$
$
$
$
$
$
Net operating income$29,420per year
Per month$2,452
Effective gross income$46,920After vacancy
Operating expenses$17,500
Expense ratio37.3%Expenses ÷ income
Formula
NOI = (rent + other income − vacancy) − operating expenses
Operating expenses include property tax, insurance, maintenance, management, utilities the owner pays and service charges. They do not include mortgage payments, depreciation, income tax or one-off improvements.
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