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Calcimator

Income Approach Valuation Calculator

Value income-producing property using the capitalization rate method (NOI / Cap Rate = Value).

Inputs

$/mo
%
%
%

Results

Property Value

$1,368,000

Net Operating Income

$82,080

Gross Annual Income$144,000
Effective Gross Income$136,800
Operating Expenses$54,720
Gross Rent Multiplier9.5
Price Per Unit$342,000
Cash-on-Cash Return24%
How to Use This Calculator
  1. Enter Monthly Rent per Unit and Number of Units.
  2. Set Vacancy Rate % and Operating Expense Ratio % (expenses as % of effective gross income).
  3. Enter Market Cap Rate for comparable income properties in your area.
  4. Review Property Value — the NOI divided by the cap rate.
  5. Check Gross Annual Income and Effective Gross Income to understand the income stack.
  6. Use alongside cost and sales comparison approaches for a complete multi-approach appraisal.
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