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Updated over 2 years ago,
Multifamily Analyzing and Number Crunching
Hi all,
I am relatively new to real estate investing and especially new to analyzing multifamily properties. Would appreciate some assistance in analyzing a property I'm looking at, including some answers to some very basic questions lol
The property has two triplexes and one duplex and is listed as 9 bed, 8 bath. Does this mean that 7 of the 8 units are 1 bed and 1 of the 8 units is 2 bed? Essentially, how do you determine bed count on a surface level per distinct unit in a duplex, triplex, or quad?
Also, would I use a similar financial analyzing strategy for MF as I would for single family homes, just on a larger scale? Metrics of fair market / median rent for the area per bed count, cap-rate, ROI, cash-on-cash return, etc. Additionally, are conventional interest rates for these properties (duplex, triplex, quad) handled in a similar fashion as SFH?
Lastly, is creative financing doable in the MF space as is seems doable in the SFH space?
Thank you,
Travis