Calculate your property's Net Operating Income with a detailed income and expense breakdown. NOI drives your DSCR, cap rate, and property valuation.
Enter income and expenses for a complete analysis
Need financing based on your NOI?Our advisors match your property's income profile with the right CRE lender.
Get Pre-Assessed Free →NOI is the foundation metric that drives every other CRE calculation.
NOI = Effective Gross Income minus Operating Expenses. Income includes all rent and ancillary revenue, adjusted for vacancy. Expenses include property taxes, insurance, management, maintenance, utilities, and reserves. NOI does NOT include mortgage payments, depreciation, or income taxes.
Lenders use NOI to calculate DSCR (NOI ÷ Debt Service) and property valuation (NOI ÷ Cap Rate). A higher NOI means better DSCR, higher property value, and access to more favorable loan programs. Even small NOI improvements can significantly impact your borrowing power.
Multifamily: 35–50% expense ratio. Office: 40–55%. Retail (NNN): 5–15% (tenants pay most expenses). Industrial: 20–35%. If your expense ratio is significantly above these ranges, there may be opportunities to optimize operations and boost NOI.
Revenue side: raise rents to market, add utility reimbursements, reduce vacancy with better marketing, add ancillary income (parking, storage, laundry). Expense side: negotiate property tax appeals, competitive-bid insurance, preventive maintenance programs, and energy efficiency upgrades.
Common questions about NOI and CRE property analysis.
Our advisors analyze your property's income and expenses to maximize your borrowing power — no guesswork, no upfront fees.
Get Free Pre-Assessment →