What is the best way to estimate multi-family rents?

[Christopher Murphy]

I found a multi-family in my price range that I like. One side is a 2BD-1BA, other is 1BD, 1BA. I used the rental calculator on BP to determine the rents for both units, then just combined them. Nothing more needed than that, correct? Obviously, trying to find the units most comparable to the one I'm analyzing.

[Wale Lawal]

Hi @Christopher Murphy, try Sales Comparison Approach, this is simply a comparison of similar homes that have rented or sold locally over a given time period. Most investor would want to see a Sales Comparison Approach over a significant time frame to glean any potentially emerging trends.