Updated over 10 years ago on . Most recent reply
Multi-Unit Info on Realtor.com
As I'm scrolling through the multi-family properties on realtor.com in my area, it occasionally breaks down information on the property:
- Gross Operating Income: $22800
- NOI: 19680
- Yearly Operating Income: 24000
- Other Income Description: None
- Yearly Operating Expense: $3120
- Maintenance: 50
- Assessed Imp Value: $39513
- Assessed Land Value: $10500
- 2 Bedroom Rent: $500
- Separate Meter: Electric
- Tenant Pays: Electric, Gas
How accurate is stuff like this? Does the buyer report the numbers? What are the chances these numbers are lies?