Cap rate & gross rent multiplier calculator for Davenport, FL
Starts from local data for Davenport, FL (ZIP 33837): a 3-bedroom rent of $1,886 a month (range $1,886–$2,212). 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 Davenport, FL?
- In ZIP 33837 the typical figure is $1,886 a month ($1,886–$2,212); across Davenport's 4 ZIP codes it's $1,886–$3,220, with a median of $2,423. Check listings for the specific property.