Multiplied that by the subject properties square feet (2,584) to get an estimated ARV of $1,511,640 or $1.5M.How did I do?

It spits out all the juicy metrics—monthly cash flow, Cash-on-Cash %, ROI, IRR, Cap Rate, GRM (that’s Gross Rent Multiplier for us real estate nerds), the legendary 1% Rule, the mysterious 50% Rule, Gross Yield, and yes… even the ever-elusive CAGR. 

It spits out all the metrics—monthly cash flow, Cash-on-Cash %, ROI, IRR, Cap Rate, GRM (that’s Gross Rent Multiplier for us real estate nerds), the legendary 1% Rule, the mysterious 50% Rule, Gross Yield, and yes… even the ever-elusive CAGR.

The Gross Rent Multiplier is around 9.5.Is this a good deal?

And you have no multiplying factor working in your favor.Buy and hold is all about buying right and cash flow so you can control (i.e. hold) as many properties as possible. 

You could then turn and multiply those by finding some smalll JV partners.

When you enter the address of a property along with the number of bedrooms and baths, Rentometer (and others) calculates the rent by multiplying the average area price per square foot by the subject property's square footage.

Thanks,Frank@Frank Wei The way that I do proformas for my CRE developer clients is the following:Gross Rent x (1 - Vacancy Rate) = Effective Gross Rent (EGR)Then take the EGR and multiply it by 30%-40% to calculate your monthly operating expenses.Then subtract the OpExp from the EGR to come up with your Net Operating Income (NOI).

Hi Kenny,I can help you 1031 that into a better investment: 452 unit complex, 25%targeted IRR and a 5X targeted equity multiplier. 

A levered debt fund multiplies this risk.