That gives you a nice juicy cash flow of $2915 per month and $35,000 per year.Show me a house that does that for a $90,000 down payment.The day you close escrow raise the rents $50 in each units.Now the day you raise the rents you just made $30,000 because you multiply the Gross Multiplier time the increase in rents $50 x 5 = $250 per month x 12 months = $3,000  x Gross Multiplier 10 = $30,000.End of first year you earned:You just increased the re-sale value of the building by $30,000You collect the original cash flow of $30,000 per yearYou collect the rent increase of $3,000 per yearTotal earned first year $67,980 and you only put down $90,000 on the property.You raise the rents every year by 5% ($50). 

Take the rent, multiply it by any % you like, and tell me if that % will actually pay for what it's supposed to pay for. 

Additionally, the appraiser used what he " thought' we should get for rent, rather than the actual amount we are getting. the appraiser will not use the gross rent multiplier to appraise us, he will only use his sale comps to do the appraisal.

Good Afternoon,Does anyone know the gross rent multiplier for a building in Harlem, NY?

No need to have multiple duplicate apps for every worker.3) You don't have to worry about losing data when your phone or tablet is loss, stolen or damaged.4) You, your wife and your team can access the same data changes instantly without having to access    clouds, transfer data between devices, etc.5) You save thousands of dollars by not having to pay monthly fees and multiply that times 10 years.You asked about finding information about property owners with an app.

Investing somewhere hoping the market improves and then you can sell it at a different multiplier based on profits? 

During the many "turns" of the condo this trend has continued as I did not drink the beverages and those have since multiplied after each visitor departs. 

On a park, you can calculate the NOI by multiplying the number of spaces occupied by the lot rent, and then multiply by 12 months, subtract the expenses (can range from 35-50%, that % depending on the variables above).

Typical long-term rent multipliers are more like $100 x monthly income...but I just don't think you'd get anybody to pay you that that much...hopefully someone more experienced with STR's will weigh in.  

Even if something is cheap, when you multiply by 11, not so much; we'll be doing major upgrades slowly.