{"id":4095,"date":"2026-10-20T12:01:14","date_gmt":"2026-10-20T11:01:14","guid":{"rendered":"https:\/\/wpcalc.com\/tr\/finans\/kapitalizasyon-orani-hesaplama\/"},"modified":"2026-10-20T12:01:14","modified_gmt":"2026-10-20T11:01:14","slug":"kapitalizasyon-orani-hesaplama","status":"publish","type":"post","link":"https:\/\/wpcalc.com\/tr\/finans\/kapitalizasyon-orani-hesaplama\/","title":{"rendered":"Kapitalizasyon oran\u0131 hesaplama (cap rate)"},"content":{"rendered":"<section class=\"not-prose calculator-box\" aria-labelledby=\"calculator-title\"><div class=\"flex items-baseline sm:items-center justify-between gap-2 sm:gap-3\"><div class=\"flex flex-col sm:flex-row sm:items-center gap-2\"><span class=\"icon icon-calculator text-primary-700! text-base! dark:text-primary-300!\" aria-hidden=\"true\"><\/span><h2 id=\"calculator-title\" class=\"text-lg font-display font-bold\">Cap rate, NOI veya m\u00fclk de\u011ferini hesaplay\u0131n<\/h2><\/div><div class=\"calcdash-favorite group\">\n  <button type=\"button\" class=\"favorite\" id=\"favorite\" data-favorite-id=\"4095\" data-favorite-title=\"Kapitalizasyon oran\u0131\" data-favorite-url=\"https:\/\/wpcalc.com\/tr\/finans\/kapitalizasyon-orani-hesaplama\/\" data-favorite-excerpt=\"Kiral\u0131k bir gayrimenkul\u00fcn kapitalizasyon oran\u0131n\u0131 hesaplay\u0131n ya da N\u0130G veya gayrimenkul de\u011ferini \u00e7\u00f6z\u00fcn. Kira gelirini, bo\u015fluk oran\u0131n\u0131 ve i\u015fletme giderlerini girin; de\u011fer, N\u0130G ve kapitalizasyon oran\u0131 alanlar\u0131ndan herhangi ikisini doldurun, \u00fc\u00e7\u00fcnc\u00fcs\u00fcn\u00fc hesaplay\u0131c\u0131 bulsun.\" aria-label=\"Favorilere ekle\" data-favorite-icon=\"icon icon-investment\">\n    <span class=\"icon icon-shape-star-empty\" aria-hidden=\"true\"><\/span>\n  <\/button>\n  <div class=\"calcdash-favorite__tip\" aria-hidden=\"true\">\n   <span class=\"favorite-tooltip\" id=\"favorite-tooltip\"><\/span>\n  <\/div>\n  <span class=\"sr-only\" role=\"status\" id=\"favorite-status\"><\/span>\n<\/div><\/div><form action=\"https:\/\/wpcalc.com\/tr\/finans\/kapitalizasyon-orani-hesaplama\/\" method=\"POST\" class=\"calculator\" id=\"calculator-4095\" data-post=\"4095\"><fieldset class=\"fieldset-input is-2\"><legend class=\"sr-only\">Giri\u015f alanlar\u0131<\/legend><div class=\"is-single field\" id=\"input-1\"><span class=\"font-semibold\">Kira geliri<\/span><\/div><div class=\"field\" id=\"input-2\"><label for=\"field-2\">Br\u00fct kira geliri<\/label><div class=\"field-group\"><input type=\"text\" name=\"brt_kira_geliri\" id=\"field-2\" aria-describedby=\"calc-info-2\" data-number inputmode=\"decimal\" autocomplete=\"off\" spellcheck=\"false\" min=\"0\" value=\"24000\"\/><div class=\"grid grid-cols-1\"><select id=\"field-3\" name=\"dnem\" aria-label=\"D\u00f6nem\"><option value=\"month\">ayl\u0131k<\/option><option value=\"year\" selected>y\u0131ll\u0131k<\/option><\/select><svg class=\"pointer-events-none col-start-1 row-start-1 mr-2 size-5 self-center justify-self-end text-gray-500 sm:size-4\" viewBox=\"0 0 16 16\" fill=\"currentColor\" aria-hidden=\"true\" data-slot=\"icon\">\n              <path fill-rule=\"evenodd\" d=\"M4.22 6.22a.75.75 0 0 1 1.06 0L8 8.94l2.72-2.72a.75.75 0 1 1 1.06 1.06l-3.25 3.25a.75.75 0 0 1-1.06 0L4.22 7.28a.75.75 0 0 1 0-1.06Z\" clip-rule=\"evenodd\" \/>\n            <\/svg><\/div><\/div><small id=\"calc-info-2\">M\u00fclk tamamen dolu olsayd\u0131 al\u0131nacak toplam kira. Ayl\u0131k kira 12 ile \u00e7arp\u0131l\u0131r.<\/small><\/div><div class=\"field\" id=\"input-3\"><label for=\"field-4\">Bo\u015fluk oran\u0131<\/label><input type=\"text\" name=\"boluk_oran\" id=\"field-4\" aria-describedby=\"calc-unit-4 calc-info-4\" data-number inputmode=\"decimal\" autocomplete=\"off\" spellcheck=\"false\" min=\"0\" max=\"100\" value=\"5\"\/><div class=\"unit\" id=\"calc-unit-4\">%<\/div><small id=\"calc-info-4\">Bo\u015f kalma ve \u00f6denmeme nedeniyle kaybedilen potansiyel kira pay\u0131.<\/small><\/div><div class=\"is-single field\" id=\"input-4\"><span class=\"font-semibold\">\u0130\u015fletme giderleri (y\u0131ll\u0131k)<\/span><\/div><div class=\"field\" id=\"input-5\"><label for=\"field-6\">Gider giri\u015fi<\/label><div class=\"grid grid-cols-1\"><select id=\"field-6\" name=\"gider_girii\"><option value=\"itemized\" selected>Kalem kalem<\/option><option value=\"total\">Tek toplam<\/option><\/select><svg class=\"pointer-events-none col-start-1 row-start-1 mr-2 size-5 self-center justify-self-end text-gray-500 sm:size-4\" viewBox=\"0 0 16 16\" fill=\"currentColor\" aria-hidden=\"true\" data-slot=\"icon\">\n              <path fill-rule=\"evenodd\" d=\"M4.22 6.22a.75.75 0 0 1 1.06 0L8 8.94l2.72-2.72a.75.75 0 1 1 1.06 1.06l-3.25 3.25a.75.75 0 0 1-1.06 0L4.22 7.28a.75.75 0 0 1 0-1.06Z\" clip-rule=\"evenodd\" \/>\n            <\/svg><\/div><\/div><div class=\"field\" id=\"input-6\"><label for=\"field-7\">Emlak vergisi<\/label><input type=\"text\" name=\"emlak_vergisi\" id=\"field-7\" aria-describedby=\"calc-unit-7\" data-number inputmode=\"decimal\" autocomplete=\"off\" spellcheck=\"false\" min=\"0\" value=\"2400\"\/><div class=\"unit\" id=\"calc-unit-7\">$\/y\u0131l<\/div><\/div><div class=\"field\" id=\"input-7\"><label for=\"field-8\">Sigorta<\/label><input type=\"text\" name=\"sigorta\" id=\"field-8\" aria-describedby=\"calc-unit-8\" data-number inputmode=\"decimal\" autocomplete=\"off\" spellcheck=\"false\" min=\"0\" value=\"900\"\/><div class=\"unit\" id=\"calc-unit-8\">$\/y\u0131l<\/div><\/div><div class=\"field\" id=\"input-8\"><label for=\"field-9\">Bak\u0131m<\/label><div class=\"field-group\"><input type=\"text\" name=\"bakm\" id=\"field-9\" data-number inputmode=\"decimal\" autocomplete=\"off\" spellcheck=\"false\" min=\"0\" value=\"8\"\/><div class=\"grid grid-cols-1\"><select id=\"field-10\" name=\"esas\" aria-label=\"Esas\"><option value=\"pct\" selected>Tahsil edilen kiran\u0131n %&#039;si<\/option><option value=\"usd\">Y\u0131lda $<\/option><\/select><svg class=\"pointer-events-none col-start-1 row-start-1 mr-2 size-5 self-center justify-self-end text-gray-500 sm:size-4\" viewBox=\"0 0 16 16\" fill=\"currentColor\" aria-hidden=\"true\" data-slot=\"icon\">\n              <path fill-rule=\"evenodd\" d=\"M4.22 6.22a.75.75 0 0 1 1.06 0L8 8.94l2.72-2.72a.75.75 0 1 1 1.06 1.06l-3.25 3.25a.75.75 0 0 1-1.06 0L4.22 7.28a.75.75 0 0 1 0-1.06Z\" clip-rule=\"evenodd\" \/>\n            <\/svg><\/div><\/div><\/div><div class=\"field\" id=\"input-9\"><label for=\"field-11\">M\u00fclk y\u00f6netimi<\/label><div class=\"field-group\"><input type=\"text\" name=\"mlk_ynetimi\" id=\"field-11\" aria-describedby=\"calc-info-11\" data-number inputmode=\"decimal\" autocomplete=\"off\" spellcheck=\"false\" min=\"0\" value=\"8\"\/><div class=\"grid grid-cols-1\"><select id=\"field-12\" name=\"esas\" aria-label=\"Esas\"><option value=\"pct\" selected>Tahsil edilen kiran\u0131n %&#039;si<\/option><option value=\"usd\">Y\u0131lda $<\/option><\/select><svg class=\"pointer-events-none col-start-1 row-start-1 mr-2 size-5 self-center justify-self-end text-gray-500 sm:size-4\" viewBox=\"0 0 16 16\" fill=\"currentColor\" aria-hidden=\"true\" data-slot=\"icon\">\n              <path fill-rule=\"evenodd\" d=\"M4.22 6.22a.75.75 0 0 1 1.06 0L8 8.94l2.72-2.72a.75.75 0 1 1 1.06 1.06l-3.25 3.25a.75.75 0 0 1-1.06 0L4.22 7.28a.75.75 0 0 1 0-1.06Z\" clip-rule=\"evenodd\" \/>\n            <\/svg><\/div><\/div><small id=\"calc-info-11\">Tahsil edilen kira = br\u00fct gelir eksi bo\u015fluk kayb\u0131.<\/small><\/div><div class=\"field\" id=\"input-10\"><label for=\"field-13\">Yard\u0131mc\u0131 giderler<\/label><input type=\"text\" name=\"yardmc_giderler\" id=\"field-13\" aria-describedby=\"calc-unit-13 calc-info-13\" data-number inputmode=\"decimal\" autocomplete=\"off\" spellcheck=\"false\" min=\"0\" value=\"0\"\/><div class=\"unit\" id=\"calc-unit-13\">$\/y\u0131l<\/div><small id=\"calc-info-13\">Ev sahibi taraf\u0131ndan \u00f6denen elektrik, su vb. fatura giderleri.<\/small><\/div><div class=\"field\" id=\"input-11\"><label for=\"field-14\">Apartman\/site aidat\u0131<\/label><input type=\"text\" name=\"apartmansite_aidat\" id=\"field-14\" aria-describedby=\"calc-unit-14\" data-number inputmode=\"decimal\" autocomplete=\"off\" spellcheck=\"false\" min=\"0\" value=\"0\"\/><div class=\"unit\" id=\"calc-unit-14\">$\/y\u0131l<\/div><\/div><div class=\"field\" id=\"input-12\"><label for=\"field-15\">Di\u011fer giderler<\/label><input type=\"text\" name=\"dier_giderler\" id=\"field-15\" aria-describedby=\"calc-unit-15\" data-number inputmode=\"decimal\" autocomplete=\"off\" spellcheck=\"false\" min=\"0\" value=\"600\"\/><div class=\"unit\" id=\"calc-unit-15\">$\/y\u0131l<\/div><\/div><div class=\"field\" id=\"input-13\" hidden><label for=\"field-16\">Toplam i\u015fletme giderleri<\/label><input type=\"text\" name=\"toplam_iletme_giderleri\" id=\"field-16\" aria-describedby=\"calc-unit-16 calc-info-16\" data-number inputmode=\"decimal\" autocomplete=\"off\" spellcheck=\"false\" min=\"0\" value=\"4000\"\/><div class=\"unit\" id=\"calc-unit-16\">$\/y\u0131l<\/div><small id=\"calc-info-16\">Vergi, sigorta, bak\u0131m, y\u00f6netim, faturalar, aidat \u2014 kredi \u00f6demesi hari\u00e7 her \u015fey.<\/small><\/div><div class=\"is-single field\" id=\"input-14\"><span class=\"font-semibold\">De\u011fer, NOI veya cap rate \u2014 herhangi ikisini doldurun<\/span><\/div><div class=\"field\" id=\"input-15\"><label for=\"field-18\">M\u00fclk de\u011feri veya al\u0131\u015f fiyat\u0131<\/label><input type=\"text\" name=\"mlk_deeri_veya_al_fiyat\" id=\"field-18\" aria-describedby=\"calc-unit-18\" data-number inputmode=\"decimal\" autocomplete=\"off\" spellcheck=\"false\" min=\"0.01\" value=\"300000\"\/><div class=\"unit\" id=\"calc-unit-18\">$<\/div><\/div><div class=\"field\" id=\"input-16\"><label for=\"field-19\">Net i\u015fletme geliri (NOI)<\/label><input type=\"number\" name=\"net_iletme_geliri_noi\" id=\"field-19\" aria-describedby=\"calc-info-19\" placeholder=\"e.g. 15,000\" step=\"any\"\/><small id=\"calc-info-19\">NOI&#039;yi yukar\u0131daki gelir ve giderlerden hesaplamak i\u00e7in bo\u015f b\u0131rak\u0131n. Buraya bir say\u0131 girerseniz, tablo yerine bu de\u011fer kullan\u0131l\u0131r.<\/small><\/div><div class=\"field\" id=\"input-17\"><label for=\"field-20\">Cap rate<\/label><input type=\"number\" name=\"cap_rate\" id=\"field-20\" aria-describedby=\"calc-unit-20 calc-info-20\" placeholder=\"Otomatik\" step=\"any\"\/><div class=\"unit\" id=\"calc-unit-20\">%<\/div><small id=\"calc-info-20\">Hesaplamak i\u00e7in bo\u015f b\u0131rak\u0131n. NOI&#039;yi hesaplamak isterseniz Br\u00fct kira geliri alan\u0131n\u0131 temizleyip de\u011fer ve cap rate girin. Tipik aral\u0131k: %4\u201310.<\/small><\/div><div class=\"is-single field\" id=\"input-18\"><span class=\"font-semibold\">Cash-on-cash getiri (iste\u011fe ba\u011fl\u0131)<\/span><\/div><div class=\"field\" id=\"input-19\"><label for=\"field-22\">Yat\u0131r\u0131lan nakit (pe\u015finat)<\/label><input type=\"text\" name=\"yatrlan_nakit_peinat\" id=\"field-22\" aria-describedby=\"calc-unit-22 calc-info-22\" data-number inputmode=\"decimal\" autocomplete=\"off\" spellcheck=\"false\" placeholder=\"e.g. 75,000\" min=\"0\"\/><div class=\"unit\" id=\"calc-unit-22\">$<\/div><small id=\"calc-info-22\">Pe\u015finat art\u0131 tapu ve al\u0131m masraflar\u0131 ile ba\u015ftan yap\u0131lan tadilat maliyetleri. Bu b\u00f6l\u00fcm\u00fc atlamak i\u00e7in bo\u015f b\u0131rak\u0131n.<\/small><\/div><div class=\"field\" id=\"input-20\"><label for=\"field-23\">Y\u0131ll\u0131k kredi \u00f6demesi (anapara ve faiz)<\/label><input type=\"text\" name=\"yllk_kredi_demesi_anapara_ve_faiz\" id=\"field-23\" aria-describedby=\"calc-unit-23 calc-info-23\" data-number inputmode=\"decimal\" autocomplete=\"off\" spellcheck=\"false\" placeholder=\"e.g. 14,000\" min=\"0\"\/><div class=\"unit\" id=\"calc-unit-23\">$\/y\u0131l<\/div><small id=\"calc-info-23\">Y\u0131lda \u00f6denen anapara ve faiz tutar\u0131. Bo\u015f b\u0131rak\u0131l\u0131rsa s\u0131f\u0131r kabul edilir.<\/small><\/div><\/fieldset><div class=\"buttons\"><button type=\"submit\" data-text=\"Yeniden hesapla\" id=\"calculate-button\" data-post=\"4095\">Hesapla<\/button><button type=\"reset\">S\u0131f\u0131rla<\/button><\/div><div class=\"field is-checkbox hidden!\" id=\"field-auto-calc\"><input type=\"checkbox\" id=\"auto-calc\"><label for=\"auto-calc\">Otomatik hesapla<\/label><small>Etkinle\u015ftirilirse, herhangi bir de\u011feri de\u011fi\u015ftirdi\u011finizde sonu\u00e7 otomatik olarak g\u00fcncellenir.<\/small><\/div><div class=\"fieldset-result is-hidden\" aria-labelledby=\"result-title\" aria-live=\"polite\" role=\"region\"> <h3 class=\"result-title bg-gradient-to-r from-primary-50 to-gray-50 dark:from-primary-900 dark:to-gray-800\" id=\"result-title\"><span class=\"icon icon-s-pulse\" aria-hidden=\"true\"><\/span> Cap rate sonu\u00e7lar\u0131n\u0131z<\/h3><div class=\"result-box\"><div class=\"field-result\" id=\"output-1\"><span class=\"field-title\"><span>Efektif br\u00fct gelir<\/span><\/span><span class=\"field-value\" id=\"result-1\" data-unit=\"$\/y\u0131l\"><\/span><button type=\"button\" class=\"copy-result\" data-tooltip=\"Sonucu kopyala\" aria-label=\"Sonucu kopyala\"><span class=\"copy-icon icon icon-document-copy\" aria-hidden=\"true\"><\/span><\/button><\/div><div class=\"field-result\" id=\"output-2\"><span class=\"field-title\"><span>Toplam i\u015fletme giderleri<\/span><\/span><span class=\"field-value\" id=\"result-2\" data-unit=\"$\/y\u0131l\"><\/span><button type=\"button\" class=\"copy-result\" data-tooltip=\"Sonucu kopyala\" aria-label=\"Sonucu kopyala\"><span class=\"copy-icon icon icon-document-copy\" aria-hidden=\"true\"><\/span><\/button><\/div><div class=\"field-result\" id=\"output-3\"><span class=\"field-title\"><span>Net i\u015fletme geliri (NOI)<\/span><\/span><span class=\"field-value\" id=\"result-3\" data-unit=\"$\/y\u0131l\"><\/span><button type=\"button\" class=\"copy-result\" data-tooltip=\"Sonucu kopyala\" aria-label=\"Sonucu kopyala\"><span class=\"copy-icon icon icon-document-copy\" aria-hidden=\"true\"><\/span><\/button><\/div><div class=\"field-result\" id=\"output-4\"><span class=\"field-title\"><span>Cap rate<\/span><\/span><span class=\"field-value\" id=\"result-4\" data-unit=\"%\"><\/span><button type=\"button\" class=\"copy-result\" data-tooltip=\"Sonucu kopyala\" aria-label=\"Sonucu kopyala\"><span class=\"copy-icon icon icon-document-copy\" aria-hidden=\"true\"><\/span><\/button><\/div><div class=\"field-result\" id=\"output-5\"><span class=\"field-title\"><span>M\u00fclk de\u011feri<\/span><\/span><span class=\"field-value\" id=\"result-5\" data-unit=\"$\"><\/span><button type=\"button\" class=\"copy-result\" data-tooltip=\"Sonucu kopyala\" aria-label=\"Sonucu kopyala\"><span class=\"copy-icon icon icon-document-copy\" aria-hidden=\"true\"><\/span><\/button><\/div><div class=\"field-result is-column\" id=\"output-6\"><span class=\"field-title\"><span>Bu cap rate ne anlama geliyor<\/span><\/span><span class=\"field-value\" id=\"result-6\"><\/span><button type=\"button\" class=\"copy-result\" data-tooltip=\"Sonucu kopyala\" aria-label=\"Sonucu kopyala\"><span class=\"copy-icon icon icon-document-copy\" aria-hidden=\"true\"><\/span><\/button><\/div><div class=\"field-result\" id=\"output-7\"><span class=\"field-title\"><span>Kredi \u00f6demesinden sonraki y\u0131ll\u0131k nakit ak\u0131\u015f\u0131<\/span><\/span><span class=\"field-value\" id=\"result-7\" data-unit=\"$\/y\u0131l\"><\/span><button type=\"button\" class=\"copy-result\" data-tooltip=\"Sonucu kopyala\" aria-label=\"Sonucu kopyala\"><span class=\"copy-icon icon icon-document-copy\" aria-hidden=\"true\"><\/span><\/button><\/div><div class=\"field-result\" id=\"output-8\"><span class=\"field-title\"><span>Cash-on-cash getiri<\/span><\/span><span class=\"field-value\" id=\"result-8\" data-unit=\"%\"><\/span><button type=\"button\" class=\"copy-result\" data-tooltip=\"Sonucu kopyala\" aria-label=\"Sonucu kopyala\"><span class=\"copy-icon icon icon-document-copy\" aria-hidden=\"true\"><\/span><\/button><\/div><div class=\"field-result is-column\" id=\"output-9\"><span class=\"field-title\"><span>Gelir ve gider d\u00f6k\u00fcm\u00fc<\/span><\/span><span class=\"field-value\" id=\"result-9\"><\/span><button type=\"button\" class=\"copy-result\" data-tooltip=\"Sonucu kopyala\" aria-label=\"Sonucu kopyala\"><span class=\"copy-icon icon icon-document-copy\" aria-hidden=\"true\"><\/span><\/button><\/div><\/div><div class=\"result-actions\"><button type=\"button\" class=\"copy-link\"><svg viewBox=\"0 0 20 20\" fill=\"currentColor\" aria-hidden=\"true\"><path d=\"M12.232 4.232a2.5 2.5 0 0 1 3.536 3.536l-1.225 1.224a.75.75 0 0 0 1.061 1.06l1.224-1.224a4 4 0 0 0-5.656-5.656l-3 3a4 4 0 0 0 .225 5.865.75.75 0 0 0 .977-1.138 2.5 2.5 0 0 1-.142-3.667l3-3Z\"\/><path d=\"M11.603 7.963a.75.75 0 0 0-.977 1.138 2.5 2.5 0 0 1 .142 3.667l-3 3a2.5 2.5 0 0 1-3.536-3.536l1.225-1.224a.75.75 0 0 0-1.061-1.06l-1.224 1.224a4 4 0 1 0 5.656 5.656l3-3a4 4 0 0 0-.225-5.865Z\"\/><\/svg><span class=\"copy-link__text\">Bu hesaplaman\u0131n ba\u011flant\u0131s\u0131n\u0131 kopyala<\/span><\/button><span class=\"sr-only\" role=\"status\" id=\"copy-link-status\"><\/span><\/div><\/div><a href=\"#respond\" class=\"hidden transition-opacity duration-300 opacity-0 w-50 text-sm justify-center items-center gap-2 px-4 py-2 rounded bg-gray-200 text-gray-700 hover:bg-gray-300\" id=\"leave-comment\"><span class=\"icon icon-comments\" aria-hidden=\"true\"><\/span>Yorum b\u0131rak<\/a><\/form><\/section><section id=\"calc-reactions\" class=\"not-prose hidden my-12 bg-gradient-to-r from-primary-50 to-gray-50 border border-indigo-100 rounded-xl px-6 py-4 shadow-sm\" data-post=\"4095\" aria-live=\"polite\" aria-labelledby=\"calc-reactions-title\"><p id=\"calc-reactions-title\" class=\"text-sm text-gray-500 text-center mb-2\">Bu sonu\u00e7 hakk\u0131nda ne d\u00fc\u015f\u00fcn\u00fcyorsunuz?<\/p><div role=\"group\" aria-labelledby=\"calc-reactions-title\" class=\"grid grid-cols-3 sm:flex sm:flex-row sm:justify-around gap-4 sm:items-center sm:flex-wrap\"><button type=\"button\" aria-pressed=\"false\" class=\"reaction-btn flex flex-col items-center gap-1 text-sm text-gray-700 hover:text-primary-600 cursor-pointer transition-transform hover:scale-105\" data-reaction=\"like\"><span class=\"reaction-count\" data-reaction-count=\"like\">0<\/span><span class=\"reaction text-3xl\" aria-hidden=\"true\">\ud83d\ude00 <\/span><span class=\"reaction-description font-medium\">Be\u011fendim <\/span><\/button><button type=\"button\" aria-pressed=\"false\" class=\"reaction-btn flex flex-col items-center gap-1 text-sm text-gray-700 hover:text-primary-600 cursor-pointer transition-transform hover:scale-105\" data-reaction=\"helpful\"><span class=\"reaction-count\" data-reaction-count=\"helpful\">0<\/span><span class=\"reaction text-3xl\" aria-hidden=\"true\">\ud83d\udca1 <\/span><span class=\"reaction-description font-medium\">Faydal\u0131 <\/span><\/button><button type=\"button\" aria-pressed=\"false\" class=\"reaction-btn flex flex-col items-center gap-1 text-sm text-gray-700 hover:text-primary-600 cursor-pointer transition-transform hover:scale-105\" data-reaction=\"confused\"><span class=\"reaction-count\" data-reaction-count=\"confused\">0<\/span><span class=\"reaction text-3xl\" aria-hidden=\"true\">\ud83d\ude15 <\/span><span class=\"reaction-description font-medium\">Kafam kar\u0131\u015ft\u0131 <\/span><\/button><button type=\"button\" aria-pressed=\"false\" class=\"reaction-btn flex flex-col items-center gap-1 text-sm text-gray-700 hover:text-primary-600 cursor-pointer transition-transform hover:scale-105\" data-reaction=\"disappointed\"><span class=\"reaction-count\" data-reaction-count=\"disappointed\">0<\/span><span class=\"reaction text-3xl\" aria-hidden=\"true\">\ud83d\ude1e <\/span><span class=\"reaction-description font-medium\">Hayal k\u0131r\u0131kl\u0131\u011f\u0131 <\/span><\/button><button type=\"button\" aria-pressed=\"false\" class=\"reaction-btn flex flex-col items-center gap-1 text-sm text-gray-700 hover:text-primary-600 cursor-pointer transition-transform hover:scale-105\" data-reaction=\"inaccurate\"><span class=\"reaction-count\" data-reaction-count=\"inaccurate\">0<\/span><span class=\"reaction text-3xl\" aria-hidden=\"true\">\u274c <\/span><span class=\"reaction-description font-medium\">Hatal\u0131 <\/span><\/button><\/div><div id=\"reaction-message\" class=\"hidden mt-8 rounded-md border border-primary-100 bg-white\/50 backdrop-blur-sm px-4 py-2 text-sm text-center shadow-sm\"><\/div><\/section><div class=\"calcdash-ad not-prose calcdash-ad--calc_result calcdash-ad--in-article\"><ins class=\"adsbygoogle\" style=\"display:block\" data-ad-client=\"ca-pub-1721569815777345\" data-ad-slot=\"6317458308\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\"><\/ins><script>(adsbygoogle = window.adsbygoogle || []).push({});<\/script><\/div>\n<style id=\"wpcoderpro-inline-1\">.formula-box {\r\n\tborder-bottom: none !important;\r\n}<\/style><section class=\"formula-box\" aria-labelledby=\"formula-title\">\r\n\t<div id=\"formula-title\" class=\"not-prose font-display mb-4\"><span class=\"icon icon-formula\" aria-hidden=\"true\"><\/span><h2>Kapitalizasyon oran\u0131 form\u00fcl\u00fc<\/h2><\/div>\r\n\t<figure class=\"not-prose formula\">\r\n\t\t<figcaption class=\"formula-title\">Form\u00fcl<\/figcaption>\r\n\t\t<div class=\"text-base text-gray-800\" id=\"formula\">\\[ \\text{Kapitalizasyon Oran\u0131} = \\frac{\\text{Net \u0130\u015fletme Geliri (N\u0130G)}}{\\text{Gayrimenkul De\u011feri}} \\times 100\\% \\]<\/div>\r\n\t<\/figure>\r\n\t<\/p>\n<p><strong>Burada:<\/strong><\/p>\n<ul>\n<li>\\(\\text{N\u0130G}\\) \u2014 net i\u015fletme geliri: bo\u015fluk d\u00fc\u015f\u00fcld\u00fckten sonraki y\u0131ll\u0131k kira gelirinden t\u00fcm i\u015fletme giderlerinin (emlak vergisi, sigorta, bak\u0131m-onar\u0131m, y\u00f6netim, ortak giderler, site aidat\u0131 ve di\u011fer maliyetler) \u00e7\u0131kar\u0131lmas\u0131yla bulunur; <em>ancak ipotek taksitleri bundan \u00f6nce yer almaz<\/em><\/li>\n<li>\\(\\text{Gayrimenkul De\u011feri}\\) \u2014 gayrimenkul\u00fcn sat\u0131n alma bedeli ya da g\u00fcncel piyasa de\u011feri<\/li>\n<\/ul>\n<p>Bu form\u00fcl, gayrimenkul\u00fcn kald\u0131ra\u00e7s\u0131z y\u0131ll\u0131k getirisini g\u00f6sterir: finansman, de\u011fer art\u0131\u015f\u0131 ve vergiler bir yana b\u0131rak\u0131ld\u0131\u011f\u0131nda, gayrimenkul\u00fcn her y\u0131l de\u011ferinin y\u00fczde ka\u00e7\u0131 kadar net i\u015fletme geliri \u00fcretti\u011fini verir.<\/p>\n<p>N\u0130G'nin kendisi iki ad\u0131mda olu\u015fturulur:<\/p>\n<p>\\[ \\text{EBG} = \\text{Br\u00fct Kira Geliri} \\times (1 - \\text{Bo\u015fluk Oran\u0131}), \\qquad \\text{N\u0130G} = \\text{EBG} - \\text{\u0130\u015fletme Giderleri} \\]<\/p>\n<p>Kapitalizasyon oran\u0131 form\u00fcl\u00fc yeniden d\u00fczenlendi\u011finde di\u011fer iki b\u00fcy\u00fckl\u00fc\u011f\u00fc de verir: \\( \\text{De\u011fer} = \\text{N\u0130G} \/ \\text{Kapitalizasyon Oran\u0131} \\) ve \\( \\text{N\u0130G} = \\text{De\u011fer} \\times \\text{Kapitalizasyon Oran\u0131} \\) \u2014 hesaplay\u0131c\u0131, alanlardan birini bo\u015f b\u0131rakt\u0131\u011f\u0131n\u0131zda tam olarak bu i\u015flemi yapar.<\/p>\n<p>\r\n<\/section>\n<style id=\"wpcoderpro-inline-2\">.calculation-box {\r\n\tborder-bottom: none !important;\r\n}<\/style><section id=\"calculation\" class=\"calculation-box\" aria-labelledby=\"calculation-title\">\r\n\t<div id=\"calculation-title\" class=\"not-prose font-display\"><span class=\"icon icon-unordered-list\" aria-hidden=\"true\"><\/span><h2>Kapitalizasyon oran\u0131 \u2013 hesaplama \u00f6rne\u011fi<\/h2><\/div>\r\n\r\n<\/p>\n<p><strong>\u00d6rnek:<\/strong> tek bir aile evi 300.000 $ kar\u015f\u0131l\u0131\u011f\u0131nda sat\u0131n al\u0131n\u0131yor. Mal sahibi y\u0131lda 24.000 $ br\u00fct kira topluyor, bo\u015fluk oran\u0131n\u0131 %5 bekliyor ve 2.400 $ emlak vergisi, 900 $ sigorta, 600 $ di\u011fer gider \u00f6d\u00fcyor; ayr\u0131ca bak\u0131m ve m\u00fclk y\u00f6netimi i\u00e7in tahsil edilen kiran\u0131n %8'er pay\u0131 \u00f6deniyor.<\/p>\n<p><strong>1. Ad\u0131m \u2014 efektif br\u00fct gelir (EBG):<\/strong><\/p>\n<p>\\[ 24{,}000 \\times (1 - 0.05) = 22{,}800 \\ \\$\/\\text{y\u0131l} \\]<\/p>\n<p><strong>2. Ad\u0131m \u2014 i\u015fletme giderleri:<\/strong><\/p>\n<p>\\[ 2{,}400 + 900 + 600 + 2 \\times (0.08 \\times 22{,}800) = 2{,}400 + 900 + 600 + 3{,}648 = 7{,}548 \\ \\$\/\\text{y\u0131l} \\]<\/p>\n<p><strong>3. Ad\u0131m \u2014 net i\u015fletme geliri (N\u0130G):<\/strong><\/p>\n<p>\\[ 22{,}800 - 7{,}548 = 15{,}252 \\ \\$\/\\text{y\u0131l} \\]<\/p>\n<p><strong>4. Ad\u0131m \u2014 kapitalizasyon oran\u0131:<\/strong><\/p>\n<p>\\[ \\text{Kapitalizasyon Oran\u0131} = \\frac{15{,}252}{300{,}000} \\times 100\\% \\approx 5.084\\% \\]<\/p>\n<p><strong>Sonu\u00e7:<\/strong> gayrimenkul\u00fcn kapitalizasyon oran\u0131 yakla\u015f\u0131k <strong>%5,08<\/strong> \u2014 b\u00fcy\u00fck ve talebin y\u00fcksek oldu\u011fu pazarlarda g\u00f6r\u00fclen d\u00fc\u015f\u00fck-orta seviyeli bir getiri.<\/p>\n<p>\n\r\n<\/section>\n<h2>Hesaplay\u0131c\u0131 nas\u0131l kullan\u0131l\u0131r?<\/h2>\n<ol>\n<li><em>Kira geliri<\/em> b\u00f6l\u00fcm\u00fcne <strong>Br\u00fct kira gelirinizi<\/strong> girin ve d\u00f6nem a\u00e7\u0131l\u0131r listesinden <em>ayl\u0131k<\/em> ya da <em>y\u0131ll\u0131k<\/em> se\u00e7in. Ayl\u0131k kira otomatik olarak 12 ile \u00e7arp\u0131l\u0131r.<\/li>\n<li><strong>Bo\u015fluk oran\u0131n\u0131<\/strong> belirleyin \u2014 bu, bo\u015f daireler veya kira \u00f6demeyen kirac\u0131lar nedeniyle kaybedilen potansiyel kira pay\u0131d\u0131r. Emin de\u011filseniz planlamada yayg\u0131n kabul edilen %5'\u0130 kullanabilirsiniz.<\/li>\n<li><em>\u0130\u015fletme giderleri<\/em> b\u00f6l\u00fcm\u00fcnde, gider giri\u015fi i\u00e7in <strong>Kalem bazl\u0131<\/strong> ya da <strong>Tek toplam<\/strong> se\u00e7ene\u011fini se\u00e7in. Kalem bazl\u0131 se\u00e7imde <strong>Emlak vergisi<\/strong>, <strong>Sigorta<\/strong>, <strong>Ortak giderler<\/strong>, <strong>Site aidat\u0131 (HOA)<\/strong>, <strong>Di\u011fer giderler<\/strong> ile <strong>Bak\u0131m-onar\u0131m<\/strong> ve <strong>M\u00fclk y\u00f6netimi<\/strong> alanlar\u0131n\u0131 doldurabilirsiniz (her biri y\u0131ll\u0131k dolar tutar\u0131 ya da tahsil edilen kira y\u00fczdesi olarak).<\/li>\n<li><em>De\u011fer, N\u0130G veya kapitalizasyon oran\u0131 \u2014 herhangi ikisini doldurun<\/em> ba\u015fl\u0131\u011f\u0131nda: <strong>Gayrimenkul de\u011ferini veya sat\u0131n alma bedelini<\/strong>, <strong>Net i\u015fletme gelirini (N\u0130G)<\/strong> ve\/veya <strong>Kapitalizasyon oran\u0131n\u0131<\/strong> girin. \u00dc\u00e7 alandan tam olarak birini bo\u015f b\u0131rak\u0131n \u2014 hesaplay\u0131c\u0131 onu \u00e7\u00f6zer. N\u0130G genellikle gelir ve giderlerinizden otomatik hesaplan\u0131r; yaln\u0131zca bu rakam\u0131 farkl\u0131 bir de\u011ferle de\u011fi\u015ftirmek istedi\u011finizde elle say\u0131 girin.<\/li>\n<li>\u0130ste\u011fe ba\u011fl\u0131 olarak cash-on-cash b\u00f6l\u00fcm\u00fcn\u00fc doldurun: <strong>Yat\u0131r\u0131lan pe\u015fin paray\u0131 (pe\u015finat)<\/strong> ve <strong>Y\u0131ll\u0131k ipotek taksitini (bor\u00e7 hizmeti)<\/strong> girerek bor\u00e7 \u00f6dendikten sonraki y\u0131ll\u0131k nakit ak\u0131\u015f\u0131n\u0131z\u0131 ve yat\u0131rd\u0131\u011f\u0131n\u0131z paran\u0131n <strong>cash-on-cash getirisini<\/strong> g\u00f6r\u00fcn.<\/li>\n<li><strong>Hesapla<\/strong> d\u00fc\u011fmesine bas\u0131n. Sonu\u00e7larda efektif br\u00fct gelir, toplam i\u015fletme giderleri, N\u0130G, kapitalizasyon oran\u0131, gayrimenkul de\u011feri, kapitalizasyon oran\u0131 yorumu ve ayr\u0131nt\u0131l\u0131 gelir-gider d\u00f6k\u00fcm tablosu yer al\u0131r.<\/li>\n<\/ol>\n<h2>Kapitalizasyon oran\u0131 nedir?<\/h2>\n<p>Kapitalizasyon oran\u0131 \u2014 k\u0131saca cap rate \u2014 gelir getirisi olan gayrimenkulleri de\u011ferlendirmenin standart \u00f6l\u00e7\u00fcs\u00fcd\u00fcr. Bir gayrimenkul\u00fcn net i\u015fletme gelirinin de\u011ferine oran\u0131d\u0131r ve y\u00fczde olarak ifade edilir. %6'l\u0131k bir kapitalizasyon oran\u0131, gayrimenkul\u00fcn finansman ve vergiler \u00f6ncesinde her y\u0131l fiyat\u0131n\u0131n %6'\u0131 kadar net i\u015fletme geliri \u00fcretti\u011fi anlam\u0131na gelir. Asl\u0131nda \u015fu soruyu yan\u0131tlar: <em>bu binaya nakit \u00f6deyerek alsayd\u0131m, y\u0131ll\u0131k getirim y\u00fczde ka\u00e7 olurdu?<\/em><\/p>\n<p>\u0130potek hesaba kat\u0131lmad\u0131\u011f\u0131 i\u00e7in kapitalizasyon oran\u0131 <em>gayrimenkul\u00fcn<\/em> performans\u0131n\u0131 \u00f6l\u00e7er, yat\u0131r\u0131mc\u0131n\u0131n finansman tercihini de\u011fil. Bu y\u00f6n\u00fcyle binalar\u0131 birbiriyle kar\u015f\u0131la\u015ft\u0131rmak, bir pazar\u0131 zaman i\u00e7inde izlemek ya da sat\u0131l\u0131k fiyat\u0131n\u0131 ak\u0131l s\u00fczgecinden ge\u00e7irmek i\u00e7in idealdir. Benzer sat\u0131\u015flar\u0131n \u00e7ok \u00fczerinde bir kapitalizasyon oran\u0131yla ilan edilen bir gayrimenkul ya ger\u00e7ekten bir f\u0131rsatt\u0131r ya da \u2014 daha s\u0131k g\u00f6r\u00fcld\u00fc\u011f\u00fc gibi \u2014 rakamlar\u0131n g\u00f6stermedi\u011fi bir sorunu vard\u0131r.<\/p>\n<p>Rakam\u0131 do\u011fru yorumlamak, onu do\u011fru hesaplamak kadar \u00f6nemlidir. ABD'de tipik konut kapitalizasyon oranlar\u0131 kabaca %4 ile %10 aras\u0131ndad\u0131r. D\u00fc\u015f\u00fck oranlar (%4\u20136) yat\u0131r\u0131mc\u0131lar\u0131n de\u011fer art\u0131\u015f\u0131 ve istikrar u\u011fruna d\u00fc\u015f\u00fck nakit getirisini kabul etti\u011fi b\u00fcy\u00fck \u015fehirlerinprime pazarlar\u0131nda g\u00f6r\u00fcl\u00fcr. Y\u00fcksek oranlar (%8\u201310) daha k\u00fc\u00e7\u00fck \u015fehirlerde ve de\u011fer art\u0131\u015f\u0131n\u0131n d\u00fc\u015f\u00fck oldu\u011fu b\u00f6lgelerde yayg\u0131nd\u0131r; ancak riskin de i\u015fareti olabilir: sorunlu m\u00fclkler, zay\u0131f kirac\u0131 talebi ya da iyimser kira varsay\u0131mlar\u0131. Kapitalizasyon oranlar\u0131n\u0131 farkl\u0131 pazarlar veya varl\u0131k s\u0131n\u0131flar\u0131 aras\u0131nda ba\u011flams\u0131z kar\u015f\u0131la\u015ft\u0131rmay\u0131n \u2014 \"daha iyi\" bir rakam \u00e7o\u011fu zaman yaln\u0131zca daha riskli bir adres anlam\u0131na gelir.<\/p>\n<p>Yat\u0131r\u0131mc\u0131lar kapitalizasyon oran\u0131n\u0131 tersten de kullan\u0131r. Benzer binalar\u0131n pazar\u0131 %6,5 kapitalizasyon oran\u0131yla i\u015flem g\u00f6r\u00fcyorsa ve bir m\u00fclk 19.000 $ N\u0130G \u00fcretiyorsa, ima edilen de\u011feri \\( 19{,}000 \/ 0.065 \\approx \\$292{,}000 \\) olur. De\u011ferleme uzmanlar\u0131 ve ticari al\u0131c\u0131lar gelir getirisi olan m\u00fclkleri b\u00f6yle fiyatlar; de\u011fer alan\u0131n\u0131 bo\u015f b\u0131rakt\u0131\u011f\u0131n\u0131zda bu hesaplay\u0131c\u0131n\u0131n yapt\u0131\u011f\u0131 da tam budur.<\/p>\n<h2>S\u0131n\u0131rlamalar ve pratik ipu\u00e7lar\u0131<\/h2>\n<ul>\n<li><strong>\u0130potek taksitlerini asla dahil etmeyin.<\/strong> Anapara ve faiz \u00f6demeleri i\u015fletme gideri de\u011fil, finansman maliyetidir. Kapitalizasyon oran\u0131 bilin\u00e7li olarak borcu yok sayar; kald\u0131ra\u00e7l\u0131 getiri \u00f6l\u00e7mek istiyorsan\u0131z hesaplay\u0131c\u0131n\u0131n cash-on-cash b\u00f6l\u00fcm\u00fcn\u00fc kullan\u0131n.<\/li>\n<li><strong>Yanl\u0131\u015f giri\u015f, yanl\u0131\u015f sonu\u00e7.<\/strong> Sonu\u00e7, bo\u015fluk oran\u0131 ve gider varsay\u0131mlar\u0131n\u0131z kadar do\u011frudur. Eksik g\u00f6sterilen bak\u0131m masraf\u0131, \u00e7at\u0131 ve beyaz e\u015fya i\u00e7in ayr\u0131lmayan kar\u015f\u0131l\u0131klar ya da pembe bir bo\u015fluk oran\u0131, kapitalizasyon oran\u0131n\u0131 \u015fi\u015firir. Hesaplanan N\u0130G'ye g\u00fcvenmeden \u00f6nce sat\u0131c\u0131n\u0131n ger\u00e7ek mali verileriyle (kira listesi, vergi makbuzlar\u0131 ve onar\u0131m ge\u00e7mi\u015fi) kar\u015f\u0131la\u015ft\u0131r\u0131n.<\/li>\n<li>Y\u00fcksek bir kapitalizasyon oran\u0131 otomatik olarak iyi bir anla\u015flama de\u011fildir. Gelir getirisini de\u011fer art\u0131\u015f\u0131 beklentisi, konum kalitesi ve m\u00fclk\u00fcn durumuyla birlikte tart\u0131n; rakam\u0131n, ger\u00e7ekle\u015fen de\u011fil \u00f6ng\u00f6r\u00fclen gelir kullan\u0131larak \u015fi\u015firilebilece\u011fini de unutmay\u0131n.<\/li>\n<li><strong>Kapitalizasyon oran\u0131 ve di\u011fer \u00f6l\u00e7\u00fctler.<\/strong> Kapitalizasyon oran\u0131 finansman\u0131, gelir vergisini, amortisman avantaj\u0131n\u0131 ve gelecekteki de\u011fer art\u0131\u015f\u0131n\u0131 yok sayar. \u00c7o\u011fu al\u0131c\u0131 kapitalizasyon oran\u0131n\u0131 krediyle birle\u015ftirdi\u011fi i\u00e7in, yat\u0131r\u0131m\u0131n tam tablosunu g\u00f6rmek \u00fczere <a href=\"https:\/\/wpcalc.com\/en\/finance\/mortgage-payoff-calculator-with-extra-payments\/\">ipotek \u00f6deme planlamas\u0131<\/a> ve <a href=\"https:\/\/wpcalc.com\/en\/finance\/debt-to-income-ratio-calculator\/\">bor\u00e7-gelir oran\u0131<\/a> ile birlikte kullan\u0131n.<\/li>\n<li>Y\u0131ll\u0131k rakamlara sermaye harcamalar\u0131n\u0131n dahil olup olmad\u0131\u011f\u0131n\u0131 kontrol edin (yeni bir \u00e7at\u0131 rutin bir i\u015fletme gideri de\u011fildir ama \u00e7ok ger\u00e7ek bir maliyettir) ve y\u00fczde bazl\u0131 giderlerde tutarl\u0131 kal\u0131n \u2014 bu hesaplay\u0131c\u0131da bak\u0131m ve y\u00f6netim giderleri, sekt\u00f6r prati\u011fine uygun \u015fekilde <em>tahsil edilen<\/em> kiran\u0131n (bo\u015fluk sonras\u0131) y\u00fczdesidir.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Kiral\u0131k bir gayrimenkul\u00fcn kapitalizasyon oran\u0131n\u0131 hesaplay\u0131n ya da N\u0130G veya gayrimenkul de\u011ferini \u00e7\u00f6z\u00fcn. Kira gelirini, bo\u015fluk oran\u0131n\u0131 ve i\u015fletme giderlerini girin; de\u011fer, N\u0130G ve kapitalizasyon oran\u0131 alanlar\u0131ndan herhangi ikisini doldurun, \u00fc\u00e7\u00fcnc\u00fcs\u00fcn\u00fc hesaplay\u0131c\u0131 bulsun.<\/p>\n","protected":false},"author":3168,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[50],"class_list":["post-4095","post","type-post","status-publish","format-standard","hentry","category-finans","tag-yatirim"],"acf":[],"_links":{"self":[{"href":"https:\/\/wpcalc.com\/tr\/wp-json\/wp\/v2\/posts\/4095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wpcalc.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wpcalc.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wpcalc.com\/tr\/wp-json\/wp\/v2\/users\/3168"}],"replies":[{"embeddable":true,"href":"https:\/\/wpcalc.com\/tr\/wp-json\/wp\/v2\/comments?post=4095"}],"version-history":[{"count":0,"href":"https:\/\/wpcalc.com\/tr\/wp-json\/wp\/v2\/posts\/4095\/revisions"}],"wp:attachment":[{"href":"https:\/\/wpcalc.com\/tr\/wp-json\/wp\/v2\/media?parent=4095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wpcalc.com\/tr\/wp-json\/wp\/v2\/categories?post=4095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wpcalc.com\/tr\/wp-json\/wp\/v2\/tags?post=4095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}