Cap rate & gross rent multiplier calculator for Delray, WV
Starts from local data for Delray, WV (ZIP 26714): a 3-bedroom rent of $1,895 a month (range $1,895). 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 Delray, WV?
- In ZIP 26714 the typical figure is $1,895 a month ($1,895); across Delray's 1 ZIP code it's $1,895, with a median of $1,895. Check listings for the specific property.