Cap rate & gross rent multiplier calculator for Wayne, NE
Starts from local data for Wayne, NE (ZIP 68787): a 3-bedroom rent of $530 a month (range $530–$1,376). 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 Wayne, NE?
- In ZIP 68787 the typical figure is $530 a month ($530–$1,376); across Wayne's 1 ZIP code it's $530–$1,376, with a median of $530. Check listings for the specific property.