Should Tenant’s first month of occupancy of the Leased Premises be less than a full month, the Monthly Rent paid during that month shall be prorated by dividing the number of days in that month Tenant will occupy by the total number of days in the month, then multiplying the result by the full Monthly Rent.

Most lenders will likely require 20-25% down for investment condo rental so readjust that aspect and reassess if this is realistic.Management: driving on both ends of each short term rental along with cleaning and maintenance multiplied by 10-15 rentals a year might get old for you.

That is WAY overpriced.To figure out approximately what this property should cost. we could take the annual rents (2875 * 12= 34,500)Multiply it by the 50% rule. = 17,25017,250 * 10. = 172,500 If you paid cash and wanted a 10% CAP rate.Based upon the numbers at a 5% interest rate you would need to have a loan amount of no more than $265,000 and that would have you at break even.

I have been discussing with him about proceeding with the other properties, and he says the best way to value rental property is to multiply the rental income per month by 90-180.I told him I plan on working out a deal to make $150-200 from each unit per month, which I found here and is genius.

Love the multiplier effect (& passive income) of increased NOI!

Once you have the final price, then I would multiply it by 70%, then subtract out repairs, then subtract out your profit.

The amount that you will actually receive, in a partial loss, will be arrived at by multiplying the claim value by a ratio, with the ratio being: insurance amt divided by (80% of replacement value), assuming 80% is your coinsurance percentage.And guess what, the likelihood of a partial loss is many times greater than the likelihood of a "full burn down".This is how it has been explained to me.

Not using a calculator, 80K/3 is under $30K ...Now, some lenders use(d) different higher multipliers - 6 to 10 times in some cases - and end up with foreclosures.Looking at your example, for your $1000 rental, that means $36K annual income.

I have multiply properties that are also paid off.I'm wondering if it's best to hold title, under my name or her name?

Appraised amount increases will be multiplied by the CLTV to determine how much bigger the LOC might get.