Cap rate & gross rent multiplier calculator for Bridgeport, IL
Starts from local data for Bridgeport, IL (ZIP 62417): a 3-bedroom rent of $679 a month (range $679–$1,153). 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 Bridgeport, IL?
- In ZIP 62417 the typical figure is $679 a month ($679–$1,153); across Bridgeport's 1 ZIP code it's $679–$1,153, with a median of $679. Check listings for the specific property.