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Updated almost 6 years ago,

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1,670
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1,372
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Jimmy Lieu
Agent
Pro Member
  • Real Estate Agent
  • Columbus, OH
1,372
Votes |
1,670
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When calculating property ROI, how do I estimate rent per month?

Jimmy Lieu
Agent
Pro Member
  • Real Estate Agent
  • Columbus, OH
Posted

Hi. I am starting out in real estate and I have been learning a lot. I've found a few properties but I am having trouble calculating ROI or cash flow because I don't know how to estimate rent per month on properties?

How do I estimate a good rent per month for the property I am looking at? Is there a website or tool that helps me find this out? Or is it a formula? Or do I just ask my realtor? 

If I don't know how to estimate rent per month, how can I calculate cash flow or ROI? Thanks in advance for the help.

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Jimmy Lieu, Swiss Realty Group
5.0 stars
59 Reviews
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Swiss Realty Group
5.0 stars
59 Reviews

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