Your Cap Rate:
— %
The Cap Rate is calculated by dividing the Net Operating Income (NOI) by the Property Value. A higher cap rate generally indicates a potentially better return on investment, though it's important to consider other factors like risk and market conditions.
function calculateCapRate() {
var noi = document.getElementById("annualNetOperatingIncome").value;
var propertyValue = document.getElementById("propertyValue").value;
var resultDiv = document.getElementById("result");
var errors = [];
if (isNaN(parseFloat(noi)) || noi === "") {
errors.push("Annual Net Operating Income must be a valid number.");
}
if (isNaN(parseFloat(propertyValue)) || propertyValue === "") {
errors.push("Property Value must be a valid number.");
}
if (parseFloat(propertyValue) 0) {
resultDiv.innerHTML = errors.join("");
resultDiv.style.color = "red";
return;
}
var noiNum = parseFloat(noi);
var propertyValueNum = parseFloat(propertyValue);
var capRate = (noiNum / propertyValueNum) * 100;
resultDiv.innerHTML = capRate.toFixed(2) + " %";
resultDiv.style.color = "#007bff"; // Or your preferred success color
}
.calculator-wrapper {
font-family: sans-serif;
display: flex;
flex-wrap: wrap;
gap: 20px;
margin: 20px 0;
padding: 20px;
border: 1px solid #e0e0e0;
border-radius: 8px;
background-color: #f9f9f9;
}
.calculator-form {
flex: 1;
min-width: 250px;
background-color: #fff;
padding: 20px;
border-radius: 8px;
box-shadow: 0 2px 4px rgba(0,0,0,0.05);
}
.calculator-result {
flex: 1;
min-width: 250px;
background-color: #e7f3ff;
padding: 20px;
border-radius: 8px;
box-shadow: 0 2px 4px rgba(0,0,0,0.05);
}
.calculator-form h2, .calculator-result h3 {
margin-top: 0;
color: #333;
}
.form-group {
margin-bottom: 15px;
}
.form-group label {
display: block;
margin-bottom: 5px;
font-weight: bold;
color: #555;
}
.form-group input[type="number"] {
width: calc(100% – 12px);
padding: 10px;
border: 1px solid #ccc;
border-radius: 4px;
font-size: 16px;
}
.calculator-form button {
display: inline-block;
background-color: #007bff;
color: white;
padding: 10px 20px;
border: none;
border-radius: 5px;
cursor: pointer;
font-size: 16px;
transition: background-color 0.3s ease;
}
.calculator-form button:hover {
background-color: #0056b3;
}
#result {
font-size: 24px;
font-weight: bold;
margin-bottom: 10px;
color: #007bff; /* Default color for result */
}
.calculator-result p {
font-size: 14px;
line-height: 1.6;
color: #666;
}