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Cap Rate Analysis: Easton, MD

Investment metrics, interactive calculators, and data-driven analysis for Easton rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Challenging for pure cash flow
Based on $480,000 median price and $2,330/mo median rent
Est. Cap Rate
3.65%
1% Rule
0.49%
Fails
GRM
17.2x
Price / Income
7.9x

Market Data

Median Home Price$480,000
Median Monthly Rent$2,330
Property Tax Rate1.04%
Population50,000
Population Growth0.5% / yr
Median Household Income$60,467
Vacancy Rate5.8%
Annual Appreciation2.6%

Cap Rate Calculator — Easton

Pre-filled with Easton medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
1.04% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
3.00%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$14,398
net operating income
Gross Rent Multiplier
17.2x
High (>15)
1% Rule
0.49%
✗ Fails
Monthly Cash Flow
$1,200
before debt service
Annual Breakdown
Gross Rental Income$27,960
Less Vacancy−$1,622
Effective Income$26,338
Less Operating Expenses−$11,940
Net Operating Income$14,398
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Cash-on-Cash Return — Easton

Factor in financing to see your actual return on invested capital in Easton.

$
$120,000
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-8.89%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$134,400
$120,000 down + $14,400 closing
Monthly Mortgage
$2,347
on $360K loan
Monthly Cash Flow
$-996
after all expenses
Annual Cash Flow
$-11,951
before taxes
Cash Flow Breakdown
Monthly Rent$2,330
Less Expenses−$979
Less Mortgage−$2,347
Monthly Cash Flow$-996

Is Easton a Good Place to Invest in Rental Property?

Easton, MD has a population of 50,000 and has been growing at 0.5% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $480,000 paired with median rents of $2,330/mo produces an estimated cap rate of 3.65%.

Property taxes at 1.04% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 5.8% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 7.9x, homes cost about 7.9 times the local median income of $60,467. This elevated ratio means homeownership is stretched, supporting rental demand but limiting buyer pools. Home values have appreciated at roughly 2.6% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: At current median prices, Easton is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.

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