In this post, I will explain why and show you how to obtain the accuracy you require.How Online Sites Estimate RentOnline sites like Rentometer and Zillow calculate the average rent per square foot ($/SF) for a specific area based on the number of bedrooms.

So, as you can calculate, the average check size is about $1mm.  

So they pick off a bunch of non equity homes  ( like what is going to happen in todays market  with many starting out that just want to land a deal and own doors.so they do about 35 of these over the course of 18 months  average delta is 200 to 300 a month and of course the drip income folks think Hey no money down and most of these were the no money or very little down variety since they had no real equity.

Per core logic average appreciation last year in San Diego.  

What is the population trend and the average household income trend?

Whole Foods would be an about average quality grocery store and they would compete for price.

I am not aware of any hedge funds purchasing, most of the investors are mom and pop and will be using financing so the appraisal will be on the value based on comps, not revenue or future revenue.If your property is above average in condition and amenities and being offered furnished those things could get you a small premium but you will likely not get a buyer paying cash based on a multiple of past/future revenue.Good luck!

The best rate is, more than likely, the one that the property currently has.Helocs and Second Mortgages can go up to a 95% CLTV and though it will have a higher rate than a full refi, its worth comparing the average blended rate vs a full refi at todays rates.I wouldnt be the one to help you in Illinois but I can put you in touch with someone else within my company.

What is the average rate of return on an apartment unit that size in KC?

REVPAR (Revenue per available room) has skyrocketed in the hotel industry the last few years, primarily because of Average Daily Rate (ADR) increases, but also because of boosts in occupancy, and ancillary income.