IRR & MOIC Calculator
Enter each cash flow by year — investments as negative numbers, distributions or exit proceeds as positive. We compute IRR, MOIC and NPV at your discount rate.
Your numbers
| Year (yrs) | Amount (− invest, + return) ($) | |
|---|---|---|
- NPV at 12%
- $702.3K
- Net profit
- $2M
- Holding period
- 5 yrs
Fund Force runs an AI analysis of your market and matches you with investors, accelerators and grants that fit your stage and sector.
Get matched with Fund Force →The formula, in plain English
- MOIC = Total distributions ÷ Total invested
- IRR = the rate r at which Σ CFₜ ÷ (1 + r)ᵗ = 0
- IRR from a multiple ≈ MOIC^(1/n) − 1
Frequently asked questions
What is the difference between IRR and MOIC?
MOIC tells you how many times your money you got back; IRR adds time — a 3× in 3 years (44% IRR) is far better than 3× in 10 years (12% IRR).
What is a good IRR for venture capital?
Top-quartile VC funds target 20–30% net IRR; individual early-stage deals are underwritten at 40%+ because many fail.
Can IRR be misleading?
Yes — quick early distributions inflate IRR even when the total multiple is small, and IRR assumes cash can be reinvested at the same rate. Always read it with MOIC.
Results are estimates for planning and education — not financial, legal or tax advice.