YieldBadger

Cap rate & gross rent multiplier calculator for Southington, CT

Starts from local data for Southington, CT (ZIP 06489): a 3-bedroom rent of $2,133 a month (range $1,885–$2,380). Every value stays editable.

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Property
$
$
%
$
Cap rate
6.58%
Gross rent multiplier
9.92
Gross annual rent
$50,400
NOI (yearly)
$32,880
Cap rate6.58%

How this is calculated

  1. 1Gross annual rent = monthly rent × 12.
  2. 2NOI = gross annual rent × (1 − vacancy %) − operating expenses.
  3. 3Cap rate = NOI ÷ price.
  4. 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 Southington, CT?
In ZIP 06489 the typical figure is $2,133 a month ($1,885–$2,380); across Southington's 1 ZIP code it's $1,885–$2,380, with a median of $2,133. Check listings for the specific property.

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