NOI on $36,000 Gross Rent with 8% Vacancy
A $36,000 gross rent property with 8% vacancy and $9,000 in expenses yields a NOI of approximately $24,120.
How to use this tool
- Enter gross annual rent, vacancy rate and annual operating expenses in the fields above.
- Results update instantly as you type — or click Calculate.
- Read your net operating income (noi) and the full breakdown beneath it.
Find the net operating income for a multi-unit rental property earning $36,000 per year with 8% vacancy allowance.
Frequently asked questions
- What expenses are NOT included in NOI?
- NOI excludes mortgage principal and interest, income taxes, depreciation, and capital expenditures (major repairs). It includes property taxes, insurance, maintenance, management fees, and utilities paid by the landlord.
- What is the 50% rule?
- The 50% rule is a quick estimate that operating expenses (excluding mortgage) will equal roughly 50% of gross rent. NOI ≈ gross rent × 50%. It's a rough screen, not a substitute for actual expense analysis.