Net Operating Income (NOI) Calculator

Calculate net operating income (noi) for real estate investments and properties

How it works

Enter your gross rental income and total operating expenses (taxes, insurance, maintenance, management, utilities). The calculator subtracts expenses from gross income to determine your Net Operating Income (NOI).

Example

If gross rental income is $150,000 and operating expenses are $45,000, your NOI is $105,000 ($150,000 - $45,000). NOI excludes debt service.

FAQs

Property taxes, insurance, repairs, maintenance, utilities, property management, marketing, supplies. Excludes debt service, capex, and depreciation.

NOI measures property performance independent of financing. This allows comparing properties regardless of how they're financed.

Cash flow is NOI minus debt service. NOI is before financing; cash flow is what actually hits your bank account.