Scalance Global
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Cap Rate & Cash-on-Cash Calculator

Compare two core return metrics for an income property purchase. Estimate cap rate from net operating income and purchase price, then compare it with cash-on-cash return based on your financing and cash invested.

Free tool · Two core return metrics · Built for income property analysis

Your numbers

Your Investment Returns

Cap rate

7.37%

Cash-on-cash return 8.17%

  • Net operating income (NOI)$28,000.00
  • Cash invested (down payment + closing costs)$104,000.00
  • Annual cash flow after debt service$8,500.00
  • Cash-on-cash return8.17%
Cap rate
7.37%
Cash-on-cash
8.17%
NOI
$28,000
Cash flow
$8,500

Operating expenses are taxes, insurance, maintenance, management and a vacancy reserve — not mortgage payments. Cap rate ignores financing; cash-on-cash reflects it.

Cap rate7.37%
FAQ’s

Frequently Asked Questions

Two Ways to Read a Return

Cap rate
NOI divided by purchase price: the property's income yield independent of financing, which lets investors compare income properties on a consistent basis.
Cash-on-cash return
Annual cash flow after debt service divided by the cash actually invested, including down payment and closing costs. It reflects the financing and the investor's equity.
Use both
A strong cap rate does not guarantee a strong cash-on-cash return: costly debt can cut cash flow after debt service, so evaluate the two together.

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