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Updated about 7 years ago,

Will G.'s profile image
Will G.'s profile image
Will G.
  • Rental Property Investor
  • from Maryville, Tn
  • Member since Oct 29, 2009
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529
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414
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Will G.'s profile image
Will G.'s profile image
Will G.
  • Rental Property Investor
  • from Maryville, Tn
  • Member since Oct 29, 2009
Connect
Will G.
  • Rental Property Investor
  • Maryville, Tn
414
Votes |
529
Posts
Multi-Family and Apartment Investing

Big reduction in noi?

Will G.
  • Rental Property Investor
  • Maryville, Tn
Posted

Pocketeers, 

Looking at an 18 unit deal, 2016 had a noi of $72k and 2017 noi of $49k, due to lower gross rents and a bunch of needed cap ex on 3 of the units. How does one derive valuation with such different noi's?

What will the bank do to place a value, average those 2 years or?

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