FREE VALUATION CALCULATOR
NOI Calculator
Calculate net operating income from gross income, vacancy and operating expenses.
INDICATIVE RESULT
€880,000Vacancy and collection loss€60,000
NOI margin73.33%
Calculated directly from the assumptions shown.
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How the noi calculation works
NOI = gross potential income − vacancy and collection loss − operating expenses.
Example calculation
€1.2m gross income, 5% vacancy and €260k operating expenses produce €880k of NOI.
INVESTMENT USE
How professionals use the result
Use NOI as the unleveraged operating result before interest, income tax, depreciation and capital structure.
Common mistakes
- Deducting debt service
- Including capital gains
- Omitting normalized vacancy
- Mixing recurring capex with operating expenses without consistency
CLEAR ANSWERS