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Updated over 4 years ago on . Most recent reply

Richard Merkuris's profile image
Richard Merkuris's profile image
Richard Merkuris
  • Rental Property Investor
  • from Omaha, NE
  • Member since Mar 25, 2019

User Stats

51
Posts
8
Votes
Richard Merkuris's profile image
Richard Merkuris's profile image
Richard Merkuris
  • Rental Property Investor
  • from Omaha, NE
  • Member since Mar 25, 2019
Richard Merkuris
  • Rental Property Investor
  • Omaha, NE
8
Votes |
51
Posts
Commercial Real Estate Investing

Finding the NOI with only the asking price & cap?

Richard Merkuris
  • Rental Property Investor
  • Omaha, NE
Posted

Checking my thought/ figures on property.

Property is being sold for 2.6 million with a cap rate of 5 %. NNN property

Is my math right or what am I doing wrong to figure NOI? I came up with a 130,000 NOI.

Need help

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