Cap rate & gross rent multiplier calculator for Sherman Oaks, CA
Starts from local data for Sherman Oaks, CA (ZIP 91403): a 3-bedroom rent of $4,320 a month (range $3,500–$5,140). 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 Sherman Oaks, CA?
- In ZIP 91403 the typical figure is $4,320 a month ($3,500–$5,140); across Sherman Oaks's 3 ZIP codes it's $3,472–$5,140, with a median of $4,011. Check listings for the specific property.