Student Housing Rule of Thumb

[Keith Steinmetz]

We are interested in student housing investment. It is a duplex priced by the bedroom to, of course, obtain a higher monthly rental income. I have read that a rule of thumb for SFH monthly cash flow is $200/month, and multi-family, including duplex, is $100/door/month. Would you expect a higher monthly cash flow from a duplex priced by the bedroom? If so, what have you used?

Thanks. 

[Jacob Johnson]

Student housing is frequently rented by the room, so you'll need to figure out the rate/room in your specific target area. Proximity to the school is a big factor, especially if its within walking distance.

Craigslist is a decent place to go to get an idea of rates, you could also contact the school directly as many have housing sites that you can post on.