YieldBadger

Cap rate & gross rent multiplier calculator for Squirrel Island, ME

Starts from local data for Squirrel Island, ME (ZIP 04570): a 3-bedroom rent of $1,810 a month (range $1,810). 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 Squirrel Island, ME?
In ZIP 04570 the typical figure is $1,810 a month ($1,810); across Squirrel Island's 1 ZIP code it's $1,810, with a median of $1,810. Check listings for the specific property.

More for Squirrel Island

Rent in Squirrel Island, ME by bedrooms

This calculator nearby

All Maine cities