Make smarter real estate investment decisions with our professional-grade capitalization rate calculator. Updated with the latest 2025 market standards and insights.
Easily analyze your rental property investment potential with our free cap rate calculator
Learn how cap rates vary across different:
Key factors to consider:
Property Type | Typical Cap Rate Range (2025) | Risk Level | Management Intensity |
---|---|---|---|
Class A Multifamily | 4.0% - 5.5% | Low | Moderate |
Class B Multifamily | 5.5% - 7.0% | Moderate | Moderate-High |
Class A Office | 5.0% - 6.5% | Moderate | High |
Retail Strip Centers | 6.0% - 8.0% | Moderate-High | High |
Industrial Warehouses | 5.5% - 7.5% | Low-Moderate | Low |
The basic formula for calculating cap rate is:
Cap Rate = (Net Operating Income / Property Value) × 100%
To calculate accurately:
Net Operating Income (NOI) is your property's total revenue minus all operating expenses. It's a key component in calculating cap rate and determining property value.
Compare cap rates within similar property types and markets to make informed investment decisions. Consider location, property condition, and tenant quality.
Use cap rates alongside other metrics to develop a comprehensive investment strategy. Consider factors like potential appreciation and financing costs.