Cap rate & gross rent multiplier calculator for San Jose, CA
Starts from local data for San Jose, CA (ZIP 95110): a 3-bedroom rent of $3,621 a month (range $3,172–$4,070). 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 San Jose, CA?
- In ZIP 95110 the typical figure is $3,621 a month ($3,172–$4,070); across San Jose's 53 ZIP codes it's $2,668–$5,990, with a median of $4,390. Check listings for the specific property.