Cap rate & gross rent multiplier calculator for Union City, CA
Starts from local data for Union City, CA (ZIP 94587): a 3-bedroom rent of $3,114 a month (range $3,114–$3,592). 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 Union City, CA?
- In ZIP 94587 the typical figure is $3,114 a month ($3,114–$3,592); across Union City's 1 ZIP code it's $3,114–$3,592, with a median of $3,114. Check listings for the specific property.