Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago,
How to value a duplex without solid comps
How do you value a duplex when there haven't been many that have sold. My agent sent me comps of single family houses but obviously they have sold for more they aren't investments. Ultimately it's only worth as much as the NOI which right now with only one side rented 815 I believe with improvements there's room for increase but I'm sticking with 815 for value sake. 815-560 mortgage x 12 =
3180/165000asking= 1.9 cap rate
Thank you in advance