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Net Operating Income (NOI) Calculator

Calculate NOI for investment properties by subtracting all operating expenses from gross rental income.

Calculation Inputs

Calculation Results

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Enter inputs on the left and click Calculate to view results.

Formula & Methodology

EGI = Gross Rent × (1 − Vacancy%); NOI = EGI − Operating Expenses

NOI excludes mortgage payments and depreciation, showing pure property income-generating ability.

Frequently Asked Questions

Does NOI include mortgage payments?

No. NOI is calculated before financing costs. This allows comparison regardless of how the property is financed.