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Other Income to NOI Calculator

Ancillary income is LL's most controllable NOI lever. This calculator sizes its contribution.

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$
$
$

Other income total

$98,000

Other / NOI

10.9%

Band

Strong

How the math works

Other / NOI = ancillary ÷ NOI. Benchmark against property type.

Ancillary income compounds. A $50/month pet fee on 200 units = $120k/yr = $2M+ of cap-rate value. Every operator should have 3-5 ancillary initiatives active quarterly.

How to Use

  1. Enter parking income.
  2. Enter laundry income.
  3. Enter other fees.
  4. Enter NOI.
  5. Read other income / NOI.

Frequently Asked Questions

Big opportunities?

Parking in urban markets. Laundry (coin or app-based). Storage. Pet fees. Valet. App-based package rooms. Each adds 1-3% of NOI if operated actively.

Benchmarks?

Apartments: 5-10% of NOI typical. Well-run: 12-18%. Office: 2-5%. Retail: 2-5% (kiosk rent, sponsorship). Hotels ignore — different model.

Easy wins?

Pet fees (monthly recurring). Storage rental. Parking reserved vs unreserved pricing. App-based laundry (40% revenue lift over coin). Resident benefit packages.

How often should I rerun this?

Rerun this calculator whenever inputs change materially — new rent roll data, rate moves, loan balance updates, or quarterly operating data. For active deals, monthly refresh is typical. For stabilized assets under monitoring, quarterly is fine. Treat the output as a decision tool, not a one-time answer — market conditions evolve and so should your analysis.

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