NOI CALCULATOR

Boost NOI with Community WiFi

Enter the unit number of a community into the calculator below to see how SmartRent Community WiFi can grow NOI (based on CapEx Model). Scenario assumes $70 resident monthly service fee, 85% opt in rate, and a 4.0% cap rate

Property Units

$1,500

Capex per door

$55

NOI/Unit/Month

33.82%

IRR

33

Payback Month

$750,000

Total Upfront Installation Costs

$27,700

Total Owner NOI / Month

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-$564,736

Year 1

-$232,336

Year 2

$100,064

Year 3

$432,464

Year 4

$764,864

Year 5

The NOI online calculator for Community WiFi is provided for illustrative purposes only, and the information obtained by using the online calculator is not, and should not be taken as, financial advice to any person or company. Results may vary depending on the accuracy and comprehensiveness of the information you provide while using the online calculator. Moreover, the NOI calculator for Community WiFi results for expected NOI and payback period are based on the following assumptions, which may be inconsistent with the results you are able to achieve at your project: (i) adoption rate by tenants (ii) price you will charge tenants; and (iii) total cost of installation and maintenance. SmartRent makes no representations and does not warrant, either expressly or by implication, nor guarantee that NOI generated by the online calculator accurately calculates the increased NOI you may actually realize after installing Community WiFi. SmartRent accepts no liability whatsoever for any losses or liabilities allegedly arising from the use of the online NOI calculator for Community WiFi by any person or company.

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