NPV Calculator

Discount the series at a rate you enter. Click any i for detail.

Jump to result

Cash flows

Initial outlay ($)
i
Initial

Cash out at t = 0 (positive number).

Annual cash flow ($)
i
CF

Level end-of-year cash flow.

Years
i
Years

Number of annual cash flows.

Terminal / sale ($)
i
Terminal

Extra cash at the last year. 0 if none.

Discount rate (%)
i
Rate

Your required return. 8 means 8%.

How to use this calculator

  1. Enter initial outlay and annual CF.
  2. Set years and terminal value.
  3. Enter the discount rate.
  4. A single future lump (no series) is present value.

Results explained

NPV = −initial + Σ CF_t/(1+r)^t + terminal/(1+r)^n. Positive NPV means the series beats your rate in this model.

Quick reference: NPV

Same cash-flow shape as the IRR page; you pick r here.

ItemDetail
r that makes NPV 0IRR
One lump, no seriesPresent value calculator
Cap rateNOI ÷ price, no time series
InflationFold into r or the CFs

Cash flows are modeled as end-of-year.

How the estimate is built

NPV = −I + Σ CF/(1+r)^t + TV/(1+r)^n.

Example scenario

$100k, $12k × 8 years, $110k terminal, 8% — read NPV on the result.

FAQ

Beginning-of-year CF?

Would be slightly higher; not this ordinary-annuity sketch.

Taxes?

Use after-tax CFs if that is your question.

Perpetuity?

Not this finite-n page.