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20
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3
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Jose Lopez
  • Pearl River County, MS
3
Votes |
20
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Does income approach appraisal value mean anything?

Jose Lopez
  • Pearl River County, MS
Posted

Hello everyone,  I just received the appraisal report back for our first rental property (scheduled to close first week of Jan).  In the report it gave a sales approach, cost approach, and an income approach.   I understand the difference between the 3,  but not sure what significance they have, for example when leveraging a property.  

Any information or feedback would be sincerely appreciated! 

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