Property Operating Desk · Basic Property Management

APOD & NOI Calculator

Build a concise annual property operating statement, evaluate income and expenses, then present net operating income in an underwriting-ready format.

Annual property operating data begins with income and vacancy. Each expense row can be expressed as a dollar amount, dollars per square foot, or percentage of gross operating income. The APOD summary is built for a first-year underwriting view.

Operating assumptions

Enter first-year property operating assumptions. The acquisition price field is optional and is used only for the going-in cap rate.

Annual operating expenses

Choose the operating-expense basis that matches the available property data. Expense amounts recalculate into a common annual total.

Operating expense detail
Expense category	Entry basis	Input	Annual amount	$/sf	% of GOI

Annual property operating data

Sample Commercial Property

Office · Annual operating summary

APOD / Year 1

Potential rental income—

Less: Vacancy & credit loss—

Effective rental income—

Plus: Other income—

Gross operating income—

Less: Total operating expenses—

Net operating income—

Important: APOD output is a first-year operating analysis. It does not include debt service, leasing commissions, tenant improvements, capital expenditures, reserves, depreciation, or income taxes unless the user elects to include an item within operating expenses.