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Updated almost 3 years ago,
BiggerPockets Rent Estimator Tool
Hello,
Soon I will be making moves to purchase a duplex in Lakewood, Ohio, where I will live in one unit and rent out the other unit. I'm just learning how to analyze properties in terms of determining offering prices that will make a deal worthwhile.
Anyways, here's my silly question:
When using the BiggerPockets Rent Estimator Tool for a multifamily property (in this case a duplex), is the number the estimator spits out the estimated rent for both units, or the rent for each unit (i.e. if I plug in an address of a duplex, and it spits out the number $825, is it estimating 1 unit renting for $825 or both units combined renting for $825)
Thanks!