Cap rate & gross rent multiplier calculator for Hope, KS
Starts from local data for Hope, KS (ZIP 67451): a 3-bedroom rent of $594 a month (range $594–$1,313). 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 Hope, KS?
- In ZIP 67451 the typical figure is $594 a month ($594–$1,313); across Hope's 1 ZIP code it's $594–$1,313, with a median of $594. Check listings for the specific property.