Price the supported income

RentalCalcs worksheet · Reviewed October 17, 2026. General investor research, not an agency form, approval or appraisal. Blank fields are for your records. This page does not save or transmit entries; print it when finished.

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1. Separate current and conditional income
2. Support the capitalization rate
3. Evaluate financing and sale cash separately

Income × cap-rate sensitivity

Keep current documented rent separate from conditional future rent. Every cell is NOI ÷ the assumed rate, before debt, reserves below NOI, selling costs and tax. A current lease does not prove that income continues forever.

Illustrative USD values · rates are not market observations
Rent and annual NOI6.5%7.0%7.5%
Current rent: $1,275; NOI $106,466.40$1,637,945$1,520,949$1,419,552
Conditional future rent: $1,100; NOI $84,441.60$1,299,102$1,206,309$1,125,888

Scroll within the table or focus it and use arrow keys. Replace each rate with comparable-transaction evidence before using an indication in an offer.

Inspect all 21 example inputs and calculated values
Hypothetical example; amounts rounded to two decimal places
ItemValue
Unit count12
Current monthly rent per unit1,275
Lower monthly rent per unit1,100
Loss percent both cases5
Management percent of effective rent8
Other operating expenses54,000
Current NOI106,466.4
Lower NOI84,441.6
Current indicated value at 6.5 percent1,637,944.62
Current indicated value at 7 percent1,520,948.57
Current indicated value at 7.5 percent1,419,552
Lower value at 6.5 percent1,299,101.54
Lower value at 7 percent1,206,308.57
Lower value at 7.5 percent1,125,888
Loan principal1,000,000
Loan rate percent7.25
Loan term years30
Annual principal and interest81,861.15
Annual replacement reserve12,000
Current cash after reserve and debt12,605.25
Lower cash after reserve and debt-9,419.55

Amounts are dollars unless the row names a percentage, count or term. The article states the complete method, source scope and rounding convention.