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Real Estate Deal Analysis & Advice

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Brandon Sturgill
  • Real Estate Broker
  • Columbus, OH
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Do You Use Comps or Financial Formulas to Determine Price on 2-4-units?

Brandon Sturgill
  • Real Estate Broker
  • Columbus, OH
Posted Oct 8 2014, 04:05

Is there a best approach when valuating a small multifamily property (2-4 units)? Seems a lot easier to valuate based on NOI and Cap Rate through a basic present value formula than to do a comp analysis...is there a reason for doing one over the other...or an argument for doing both?

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