Cap rate & gross rent multiplier calculator for Durham, CT
Starts from local data for Durham, CT (ZIP 06422): a 3-bedroom rent of $1,778 a month (range $995–$2,560). 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 Durham, CT?
- In ZIP 06422 the typical figure is $1,778 a month ($995–$2,560); across Durham's 1 ZIP code it's $995–$2,560, with a median of $1,778. Check listings for the specific property.