YieldBadger

Cap rate & gross rent multiplier calculator for Gramercy, LA

Starts from local data for Gramercy, LA (ZIP 70052): a 3-bedroom rent of $1,388 a month (range $1,388–$1,613). Every value stays editable.

Fill with local data

Enter a ZIP or address to fill rent. Every value stays editable.

Include the city and state, or a ZIP code

Property
$
$
%
$
Cap rate
6.58%
Gross rent multiplier
9.92
Gross annual rent
$50,400
NOI (yearly)
$32,880
Cap rate6.58%

How this is calculated

  1. 1Gross annual rent = monthly rent × 12.
  2. 2NOI = gross annual rent × (1 − vacancy %) − operating expenses.
  3. 3Cap rate = NOI ÷ price.
  4. 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 Gramercy, LA?
In ZIP 70052 the typical figure is $1,388 a month ($1,388–$1,613); across Gramercy's 1 ZIP code it's $1,388–$1,613, with a median of $1,388. Check listings for the specific property.

More for Gramercy

Rent in Gramercy, LA by bedrooms

This calculator nearby

All Louisiana cities