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Virginia Cap Rate Calculator

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

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Property Details

Operating Expenses(Virginia defaults)

Total Annual Expenses$12,657

Virginia Market Context

Avg Cap Rate

5.2%

Median Price

$444K

Property Tax

0.75%

Vacancy Rate

5.6%

Local Factors

  • -Northern Virginia benefits from federal government and defense contractor employment
  • -Hampton Roads has military base-driven rental demand
  • -Richmond is an emerging investment market with lower entry prices than NoVA

Sources

World Population Review – Median Home PriceFL Probate Law – Property Tax Rates (ACS Data)The Hartford – Insurance RatesiPropertyManagement – Vacancy Rates

Cap Rate

2.5%

Low
Net Operating Income$10,971
Gross Income$23,628
Total Expenses$12,657
Virginia Avg Cap Rate5.2%
CAP RATE2.5%
NOI$10,971
Property Tax$3,330
Insurance$1,674
Maintenance$4,440
Management$1,890
Vacancy$1,323

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 Virginia 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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