免费资本化率计算器
计算房产投资的资本化率，评估投资回报潜力。
Capitalization Rate
8.00%
Capitalization Rate vs Net Operating Income (NOI)
公式
## Understanding the Capitalization Rate The cap rate measures the expected rate of return on a real estate investment based on its income-producing potential. ### Formula **Cap Rate = (Net Operating Income / Property Value) x 100** ### Interpreting Results - A higher cap rate suggests higher potential returns but also higher perceived risk - A lower cap rate indicates a more stable, lower-risk investment - Typical residential cap rates range from 4% to 10% depending on location and property class
计算示例
A rental property generates $36,000 per year in net operating income and is valued at $450,000.
- 01Identify the NOI: $36,000 per year
- 02Identify the market value: $450,000
- 03Cap Rate = $36,000 / $450,000 = 0.08
- 04Cap Rate = 8.00%
- 05At an 8% cap rate, implied value = $36,000 / 0.08 = $450,000
- 06At a 6% cap rate, implied value = $36,000 / 0.06 = $600,000
常见问题
What is a good cap rate for real estate?
A good cap rate depends on the market and property type. Generally, 5-7% is considered average for residential, while commercial properties may range from 6-12%. Higher cap rates mean higher returns but often more risk.
Does cap rate include mortgage payments?
No. Cap rate uses net operating income before debt service. It measures property performance independent of financing, making it useful for comparing properties regardless of how they are financed.
How does cap rate relate to property value?
Cap rate and property value are inversely related. When cap rates compress (go lower), property values rise for the same NOI. When cap rates expand (go higher), property values decrease.