Updated about 8 years ago on . Most recent reply
Bigger Pockets Rental Calculator Help
Hello BP family! I am using the BP rental calculator to analyze my properties but part of the final analysis does not make sense to me. I just analyzed a property I really like which cashflows $1,121/month but when I look at the NOI it shows $20,294. I see this discrepancy on every analysis I do. Isn't the NOI simply your yearly income minus operating costs? Easily put, your yearly cashflow. $1,121 x 12 months is nowhere near $20,294. Can someone please explain to me where the calculator gets the number for NOI in the analysis