Cap rate & gross rent multiplier calculator for Portland, OR
Starts from local data for Portland, OR (ZIP 97201): a 3-bedroom rent of $2,635 a month (range $2,550–$2,635). 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 Portland, OR?
- In ZIP 97201 the typical figure is $2,635 a month ($2,550–$2,635); across Portland's 58 ZIP codes it's $1,575–$2,803, with a median of $2,550. Check listings for the specific property.