Multiply that by 8 properties and that adds up quicklyAt this point I've amassed around $150k in debt, I'm spending hours a day trying to find large multifamily properties with nothing to show for it and the whole passive income dream I was sold seems to be a huge lie.

It's an average of $586.50, so multiplied by 24 it comes out to $14,076.

Hello everyone , can someone share what I could use as the square footage multiplier for a medium and heavy rehab in Fairfield county, CT ? 

I have heard that some assessors multiply the monthly rent times 100 and that is the value they apply.

You then multiply that by your anticipated net profit per month per rental to determine a monthly income and see if you can live on that.  

It's more about how to multiply the number of homes producing that cashflow.Bless

lets call it 15% allocating for closing costs.Appreciation multiplier due to leverage 20X if not counting closing costs. 

Multiplied by 3-5 bedrooms and that gets real expensive. 

Now multiply that by 3 strangers in your house ....good luck with that.  

Anything bigger or in a nice area, could multiply that amount.