Cap rate & gross rent multiplier calculator for Goodspring, TN
Starts from local data for Goodspring, TN (ZIP 38460): a 3-bedroom rent of $771 a month (range $771–$1,317). 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 Goodspring, TN?
- In ZIP 38460 the typical figure is $771 a month ($771–$1,317); across Goodspring's 1 ZIP code it's $771–$1,317, with a median of $771. Check listings for the specific property.