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Real Estate Deal Analysis & Advice

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Paul Spangler
  • Renter
  • Tigard, OR
6
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28
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Determining rent rolls from MLS?

Paul Spangler
  • Renter
  • Tigard, OR
Posted Nov 25 2014, 17:53
I've been looking for a multifamily in the Portland, Oregon area and browsing the listings on realtor.com, and some of them have an "actual gross income" value in the info. Should I take that as the annual rent roll when determining if I want to look further into the property? I'm trying to buy using an FHA loan and they need the PITI to be less than 85% of the market rent for the property and I'm having trouble figuring out if a property will meet that at first glance.

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