Does anyone use price per sqft or price per unit for analyzing rental properties?

[Peyton LaBarbera]

I was wondering if anyone used either one of these and how you would use it in a real life example?

Thank you

[Dennis McNeely]

I use the $/unit as an initial filter when looking at properties. If I know rents in the area will only support $85,000 per unit, I look no further. On the other hand, if a Class B multi-family property is in a Class B neighborhood and will support a purchase price of $125,000 per unit, I move on to the next hurdle. It's just a quick and dirty way to filter the search results that litter my desk!