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Utility Empire
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finance cap-rate-cash-on-cash 100% offline · client-side

Cap Rate / Cash-on-Cash Calculator

Capitalization rate is the unlevered income yield (NOI ÷ property value). Cash-on-cash is the levered return on the money you actually put in (annual pre-tax cash flow ÷ total cash invested). All arithmetic happens in your browser.

● detector rack — deal health

click a module for detail

Deal inputs

$ · annual figures
$

rent + other income − operating expenses, pre-debt

$

purchase price or current market value

$

total mortgage payments per year · 0 = all cash

$

down payment + closing + rehab + your capital

updates live as you type

Results

cap rate —
—
NOI ÷ property value
0%5%10%15%20%
cash-on-cash —
—
net cash flow ÷ cash invested
-20%0%+20%
net operating income—
annual debt service—
net cash flow · pre-tax—
total cash invested—
debt service coverage · ≥ 1.2 healthy—
awaiting your numbers
how it’s calculated
cap rateNOI ÷ property value — yield before financing
cash-on-cash(NOI − debt service) ÷ cash invested — yield on money at risk
net cash flowNOI − annual debt service, before tax
DSCRNOI ÷ debt service — how comfortably debt is covered