Cap rate & gross rent multiplier calculator for Kodiak, AK
Starts from local data for Kodiak, AK (ZIP 99615): a 3-bedroom rent of $2,392 a month (range $2,392–$2,716). Every value stays editable.
Cap rate
6.58%
Gross rent multiplier
9.92
- Gross annual rent
- $50,400
- NOI (yearly)
- $32,880
How this is calculated
- 1Gross annual rent = monthly rent × 12.
- 2NOI = gross annual rent × (1 − vacancy %) − operating expenses.
- 3Cap rate = NOI ÷ price.
- 4GRM = price ÷ gross annual rent.
Neither metric accounts for financing. Use the rental cash flow calculator to see returns with a mortgage.
Frequently asked questions
- What rent should I use for a 3-bedroom rental in Kodiak, AK?
- In ZIP 99615 the typical figure is $2,392 a month ($2,392–$2,716); across Kodiak's 2 ZIP codes it's $2,392–$2,716, with a median of $2,554. Check listings for the specific property.