Free tools
Free commercial real estate calculators
Quick, free calculators for the metrics that price a deal — then underwrite the whole thing on one engine.
Cap Rate Calculator
Free cap rate calculator: enter net operating income (NOI) and property value to get the capitalization rate instantly. Learn the formula and what a good cap rate is.
DSCR Calculator
Free DSCR calculator: enter net operating income (NOI) and annual debt service to get the debt service coverage ratio. See the formula and what lenders require.
Cash-on-Cash Return Calculator
Free cash-on-cash return calculator: enter annual pre-tax cash flow and equity invested to get the cash-on-cash return. Learn the formula and how it differs from IRR.
IRR Calculator
Free real estate IRR calculator: enter your initial investment, annual cash flow, hold period, and sale proceeds to get the internal rate of return and equity multiple.
Equity Waterfall Calculator
Free GP/LP equity waterfall calculator: enter equity, preferred return, promote, hold, and exit distribution to split proceeds between LP and GP with the LP IRR and multiple.
Real Estate Value Sensitivity Calculator
Free CRE sensitivity calculator: see how implied value moves across a grid of NOI and exit cap-rate assumptions. Understand which variables drive valuation.