Cap Rate Calculator
Capitalization rate & market value estimator
Property Inputs
Taxes, insurance, management, maintenance — exclude mortgage
ResultsAverage
Expense ratio: 30.0% of gross rent
NOI
$33,600
per year
Cap Rate
6.72%
at asking price
Market Value
$560,000
at 6% cap
Cap rate excludes financing — it measures the unlevered yield of the asset. A cap rate of 5–7% is typical in most US markets (2025–2026). Use the market value cell to compare asking price vs. what the NOI justifies at your target rate.