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Updated about 4 years ago on . Most recent reply

Michael Green's profile image
Michael Green's profile image
Michael Green
  • Rental Property Investor
  • from Saint Robert, MO
  • Member since Feb 27, 2016
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1
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Michael Green's profile image
Michael Green's profile image
Michael Green
  • Rental Property Investor
  • from Saint Robert, MO
  • Member since Feb 27, 2016
Connect
Michael Green
  • Rental Property Investor
  • Saint Robert, MO
1
Votes |
5
Posts
General Real Estate Investing

12 unit appraisal value

Michael Green
  • Rental Property Investor
  • Saint Robert, MO
Posted

I am looking at this 12 unit building in St Robert, MO and ran some numbers at what I think would make passive income. Currently they are asking 599,000. I think this is too high but comps my Realator sent me were all over. Looking for knowledge on how to evaluate how much larger units appraise for.

Rent will pull in approx 6000.

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