General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago on . Most recent reply
How is a duplex evaluated?
How is a duplex evaluated? Is it based on NOI and cap rate? Or just comps like how you evaluate single fam residences?
Most Popular Reply
Brandon Sturgill
Property Manager
Pro Member
- Real Estate Broker
- Columbus, OH
- 1,771
- Votes |
- 3,042
- Posts
@Charlotte Dunford A duplex is a SFR...as are all 1-4 unit properties...maybe with the exception of a rooming house...but anyway, yes, comparable sales method. In certain situations appraisers will look at the income approach...or some combination of both. If you are using a lender, they will want to know the in-place rents as part of the underwriting process.
If you are evaluating a duplex yourself, the ROI metrics are merely for your own edification...nothing wrong with that. Its good practice.
- Brandon Sturgill
- 614-379-2017
Realize Property Management Group
20 Reviews
3.6 stars