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Updated over 2 years ago,
Help analyzing an apartment complex for purchase consideration
16 Units, Fully occupied, Long term tenants/renters, All the units are in solid condition, could use added value, with minor upgrades, I want to know how to determine the Cash on Cash, and NOI, Capitalization Rate, Gross Rent Multiplier the income annually is just over $125K about $10.400 a month a Door, what else is needed to determine the current market value? thanks in advance that anyone that can help?
Is desktop appraisals still used?
thanks again