Does anyone use internal rate of return to assess the profitability of a potential rental?

I’m aware of the 2028 revaluation delay, which provides some short-term assessment stability.

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Quote from @Doug Clark: I see a lot of deals where everything hinges on one perfect comp at the very top of the market.

If the other comps are $235K, but you have one comp at $260K your ARV will probably under $250K.

How do you assess future risk when running numbers on a property? 

Their customer service team is awesome too if you get stuck.If you are using the Schlage Encode smart locks or any other compatible lock and thermostats, you can connect these to Hospitable as well so it will generate unique codes for each of your guests automatically and adjust the temperature when guests are not there!

They tax based on a percentage called the assessment ratio.Example: Market Value: $300,000. 

Look for the Assessed Value and the Taxable Value. 

We are planning on holding the property for a year.Now the problem is that the assessor will not accept our purchase price for property tax assessment.