Rental Property Investor · RVA · Member since 2016 · 5k+ posts · 4k+ votes
6y
I would be very happy with a price increase of $150/mo. Capitalized at 7% and assuming 50% expense ratio, that increases the property value by nearly $13k, which is a good ROI in the first year. I would need strong evidence to believe that a $150/mo rental increase is possible, though, because it's easy to be too optimistic on a pro forma these days.