The full income-to-cash-flow stack, top to bottom: Gross Potential Income down through Net Operating Income (the “above the line” property-level numbers), then Capital Expenditures, debt service, and estimated taxes down to what you actually keep (the “below the line” investor-level numbers). Updates as you type.
Educational tool only. Not financial, investment, tax, or legal advice. NOI is a property-level number set by the asset itself, not by how you finance it — CapEx, debt service, and taxes are investor- and deal-structure-specific, not part of NOI. The tax estimate above is simplified (a flat rate applied to CFBT) — your actual tax liability depends on depreciation, passive-activity-loss rules, and your own bracket. Confirm with a CPA before relying on this.
Want the full picture, term by term? The CRE Glossary walks through every line in this stack — GPI, EGI, NOI, CFBT, and CFAT — with worked examples.