Cap rate & gross rent multiplier calculator for Mount Hope, KS
Starts from local data for Mount Hope, KS (ZIP 67108): a 3-bedroom rent of $1,323 a month (range $1,275–$1,370). 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 Mount Hope, KS?
- In ZIP 67108 the typical figure is $1,323 a month ($1,275–$1,370); across Mount Hope's 1 ZIP code it's $1,275–$1,370, with a median of $1,323. Check listings for the specific property.