Unlevered yield tool

Cap rate is a flashlight, not a verdict.

Cap rate helps compare property-level income before financing, but it can hide debt risk, repairs, tenant quality, and local operating pressure. Use it as a starting lens.

Public quick screen

Cap Rate Calculator

Save deeper analysis →
Monthly cash flow$195
NOI$17,700
Cap rate7.1%
Cash-on-cash3.8%
DSCR1.15x

This is a simplified educational screen. The app adds saved scenarios, offer history, PDF reports, address records, and portfolio context.

Inputs

What this calculator asks for

  • Annual NOI
  • Purchase price
  • Current value
  • Stabilized income

Outputs

What you get back

  • Cap rate
  • Income-supported value
  • NOI sensitivity
  • Price sensitivity

Worked example

Simple enough to check. Serious enough to challenge.

  • NOI: $18,500
  • Price: $250,000

Result: $18,500 / $250,000 = 7.4% cap rate.

The public page is meant to create a directional answer. Before an actual offer, replace each estimate with address-level evidence: rent comps, parcel taxes, insurance quotes, lender terms, inspection findings, and local operating rules.

Why move into PropLurk?

Calculators are useful. Connected deal records are better.

A single output does not tell you what changed, why it changed, what offer it supports, or whether the deal improved after diligence.

  • Show cap rate next to financing
  • Stress NOI and price
  • Compare scenarios
  • Save the deal record
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