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Updated over 8 years ago,
Determining Market/Comperable Rents for Triplex
Hello All-
I've come across a potential triplex deal in my area, and have a question as I work through my cash flow assessment spreadsheet.
The seller of this property disclosed his full profit and loss statement for the past 3 years, and I believe his rents are under market.
What is the best quick and dirty way to assess market rents for the units within a duplex/triplex/quadplex? For SFH evaluation Rentometer.com is a great tool.. can it also be used for this triplex I'm looking at?
thanks
Erik