Also, for a 4-Plex, the rent from the other three apartments, multiplied by 75%, MUST completely cover your mortgage payments!

If you wait a few years after your official retirement age then you can get a multiplier of up to 1.3x your base.

Multiply the cash flow of allProperties and over time results of cash flow and see if you will need to invest in more or if it meets your standards.

My markup multiplier was 1.49.

I multiplied that number by 100000 and boom!

Gross is $576,000 Annually. multiply that by .55 45% of that in expenses and miscellaneous.

'gross rent multiplier' or 'pro forma cap rate'.So I was wondering if there is a guide here on the BP site that goes in to more detail on what some of these numbers mean in the context of rental properties?  

But beyond that hoping the area becomes a much safer investment over the next 5 year or so and maybe i could rely on a lower cap during exit.Can you explain the difference between Gross Rent Multiplier and Cap Rate?

Now multiply that by 100 or 1000 and you will have some opportunities.Your market can be anything and should match your lifestyle and passion.  

If not add to the expense ratio below...25 Homes * 100 lot rent * 60 (multiplier for ~12 cap and 40% expense ratio) = 150KAssuming these 21 homes are in varying shape you will probably offer a blended average of 2K per home.