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Updated over 8 years ago on . Most recent reply

User Stats

90
Posts
20
Votes
Jacob Pischer
  • Buy and Hold
  • Middleton, WI
20
Votes |
90
Posts

Duplex help

Jacob Pischer
  • Buy and Hold
  • Middleton, WI
Posted
So I am looking at a duplex property and having a hard time figuring out how to run good comparable property's. Can any of you help me figure out the comparable thing? Also second question. If both sides rented out you get $1300 how do I figure out if it is a 1% or 2% rule and how to figure out my max dollar with purchase and rehab?

Most Popular Reply

User Stats

125
Posts
50
Votes
Wells Lange
  • Indianapolis, IN
50
Votes |
125
Posts
Wells Lange
  • Indianapolis, IN
Replied

Gross rent divided by the value equals the percentage. $65k purchase price is 2% rule, $130k is 1% rule (based on 1300 rent).

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