YieldBadger

Cap rate & gross rent multiplier calculator for Midway Park, NC

Starts from local data for Midway Park, NC (ZIP 28544): a 3-bedroom rent of $1,326 a month (range $1,326–$1,826). 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 Midway Park, NC?
In ZIP 28544 the typical figure is $1,326 a month ($1,326–$1,826); across Midway Park's 1 ZIP code it's $1,326–$1,826, with a median of $1,326. Check listings for the specific property.

More for Midway Park

Rent in Midway Park, NC by bedrooms

This calculator nearby

All North Carolina cities