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Calculadora de Cap Rate Multifamiliar
Modele ingresos estabilizados, gastos operativos y cap rates de mercado para edificios de apartamentos comerciales.
Última actualización:
NOI & Cap Rate
Enter your property
All units, 12 months
Typical: 5–8%
% of EGI
Optional
% of gross rent
% of gross rent
Optional
Results
Cap Rate
7–9% — strong cash flow
- Income
- Gross scheduled income
- $36,000
- Less vacancy loss
- ($1,800)
- Effective gross income
- $34,200
- Operating expenses
- Property tax
- $3,600
- Insurance
- $1,200
- Management
- $2,736
- Maintenance
- $1,800
- CapEx reserve
- $1,800
- Total operating expenses
- $11,136
- Net operating income
- NOI
- $23,064
- Cap Rate
- 7.69%
Cap Rate = NOI ÷ Purchase Price. NOI excludes mortgage payments — it is a property-level metric, independent of financing. Use it to compare properties on equal footing; use cash-on-cash to evaluate levered returns.
Cap rate benchmarks by market type
| Cap rate range | Market type | Investor profile |
|---|---|---|
| 3–4% | Gateway cities (NYC, LA, SF) | Appreciation-driven; high entry price |
| 4–6% | Primary metros (Atlanta, Phoenix, Denver) | Balanced — appreciation + moderate cash flow |
| 6–8% | Secondary / tertiary markets (Cleveland, Memphis) | Cash-flow-focused; lower appreciation |
| 8%+ | Rural or high-vacancy markets | High yield — verify vacancy and exit assumptions |
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Cómo calcular el cap rate multifamiliar
Cap Rate = NOI ÷ Valor de la propiedad
Para estimar valor: Valor = NOI ÷ Cap Rate. Use NOI normalizado antes de aplicar la fórmula.
Ejemplo: edificio garden de 48 unidades
Ingreso efectivo bruto $1,152,000; gastos $432,000; NOI $720,000. Precio solicitado $12,000,000.
- Cap rate implícito: 6.0%
- Con cap de mercado 5.75%, valor ≈ $12.5M