Nevada Cap Rate Calculator

Calculate cap rates using Nevada market data. Property tax, insurance, vacancy rates, and other defaults are pre-filled with current Nevada averages. Net Operating Income ÷ Property Price

Market

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Property Details

Property Price

Annual Gross Rental Income

Operating Expenses(Nevada defaults)

Total Annual Expenses$10,830

Property Tax(0.5% avg in NV)

Insurance($1,073 avg in NV)

Maintenance & Repairs

Management Fee(8% of rent)

Vacancy Rate($1,475/yr)

Nevada Market Context

Avg Cap Rate

5.5%

Median Price

$455K

Property Tax

0.5%

Vacancy Rate

8.1%

Local Factors

-No state income tax and low property taxes attract investors
-Las Vegas market is highly cyclical and sensitive to tourism/hospitality employment
-AB 486 rent cap law limits annual rent increases to 5% for certain properties

Sources

World Population Review – Median Home Price FL Probate Law – Property Tax Rates (ACS Data)The Hartford – Insurance Rates iPropertyManagement – Vacancy Rates

Cap Rate

1.6%

Low

Net Operating Income$7,386

Gross Income$18,216

Total Expenses$10,830

Nevada Avg Cap Rate5.5%

NOI$7,386

Property Tax$2,275

Insurance$1,073

Maintenance$4,550

Management$1,457

Vacancy$1,475

What does this mean?

A cap rate below 4% is typical for premium locations with lower risk but limited cash flow. Common in Class A properties in major metros.

Keep running the numbers

One calculator rarely tells the whole story.

Cap rate tells you the return without financing. Now see what happens when you add a mortgage with Nevada rates.

Cash on Cash Return

Measure the annual return on your actual cash invested, factoring in financing, expenses, and rental income.

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NOI

Calculate Net Operating Income — the foundation of commercial real estate valuation.

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Gross Rent Multiplier

Quickly screen and compare rental properties by how many years of gross income cover the purchase price.

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