Net Operating Income Calculator

NOI = rental income − operating expenses.

NOI ($) 24,000

Step-by-step with your numbers:

1. Values used:

2. Gross rental income = 36,000 $

3. Operating expenses = 12,000 $

4. NOI = Gross rental income - Operating expenses = 36,000 - 12,000 = 24,000$

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NOI measures property profitability.

FAQ

Excludes what?

Mortgage payments and capital improvements.