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Updated about 10 years ago,
Determining rent rolls from MLS?
I've been looking for a multifamily in the Portland, Oregon area and browsing the listings on realtor.com, and some of them have an "actual gross income" value in the info. Should I take that as the annual rent roll when determining if I want to look further into the property?
I'm trying to buy using an FHA loan and they need the PITI to be less than 85% of the market rent for the property and I'm having trouble figuring out if a property will meet that at first glance.