Updated over 15 years ago on . Most recent reply
Multi family Metrics
Hey Guys,
I am wondering if someone could advise on some metrics that would represent a fair deal, specifically on how to evaluate a price for a 3-6 multifamily rental property. I am looking for the annual rent be aout 8-10% of purchase price. Is this a fair assumption?
I understand there are many other issues to take into consideration such as various expenses, taxes, repairs, vacancy discount, cost of capial, ect.... Any metrics you guys can provide are much appreciated. Thanks