2% Rule under "Financial Info" On Rental Calculator

[Moises Ariel Maldonado Mazariegos]

I was using the "Rental Property Calculator" on the site and I saw something under "Financial Info" that caught my attention. Does anyone know what this 2% Rule is? 

Any help is greatly appreciated guys and gals! Thank you!

[Jake S.]

I believe it's the same as the 1% rule, but this rule states that you should want to rent the potential property for 2% of it's purchase price.

So if a home cost $100,000, you would want to rent it for $2,000/month

Hard to find in my opinion, so I normally shoot for the 1% rule