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Updated about 6 years ago on . Most recent reply

User Stats

238
Posts
44
Votes
Doug Haisten
  • Mobile, AL
44
Votes |
238
Posts

Using the Wholesaling Rental Calculator

Doug Haisten
  • Mobile, AL
Posted

I need to analyze a rental property with an ARV of $91K. The property owner is asking $$69.3K and is rented and needs very little repairs. The current rent being paid is $625 but the rent should be $725 (Rentometer). When doing the input in the Wholesaling Rental calculator should I base the loan on the ARV (as the calculator suggests) or on what the property owner is asking. Also, for the rent, should I input what the property owner is currently collecting or on what the rent should be?

Thank You

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