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Updated about 1 year ago on . Most recent reply

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9
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4
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Tobi Isaacs
  • New to Real Estate
  • Atlanta, Ga
4
Votes |
9
Posts

How do I analyze 2 properties on 1 being sold for 1 price?

Tobi Isaacs
  • New to Real Estate
  • Atlanta, Ga
Posted

The 2 houses are being sold together on the same lot for 1 price and they are calling it a 5b/3b (which isn't quite accurate since that makes up both houses-it's really a 3/2 and a 2/1). I can't figure out how to calculate them… do I split the asking price by 2/3rds and 1/3 and put it in my STR calculator? Also if I'm renting them separately, shouldn't I get separate data (occupancy and nightly rate)? Lastly, how do I determine cleaning costs, insurance, etc. Has anyone done this before? Thank you!

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