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Updated about 3 years ago on . Most recent reply

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Brad Reiner
6
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9
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BiggerPockets Rent Estimator Tool

Brad Reiner
Posted

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!

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