Cap rate & gross rent multiplier calculator for Overland Park, KS
Starts from local data for Overland Park, KS (ZIP 66204): a 3-bedroom rent of $1,949 a month (range $1,728–$2,170). 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 Overland Park, KS?
- In ZIP 66204 the typical figure is $1,949 a month ($1,728–$2,170); across Overland Park's 13 ZIP codes it's $1,665–$3,030, with a median of $2,304. Check listings for the specific property.