Multiply that.

I take the current rate from city and multiply by usage. 

Improvements can include a new roof, patio or garage.Therefore, from a tax standpoint, you should make repairs as the problems arise instead of waiting until they multiply and require renovations.

So in my town the "factor" was $2.17, which meant you had to multiply the $92,000 by $2.17 to get true value.

Hi Emery,Leverage is a powerful multiplier for building your portfolio.

Thank you and may your blessings multiply. 

He ended up taking an average price/unit and multiplying by 6 to get the FMV.

Roughly speaking I've been practicing how to measure ROI's, Gross Rent Multiplier, and Cash on Cash returns.

a financial partner that provides the purchase & rehab money, and I provide the deal, oversee the project from beginning to end and save, save the financial partner time and effort, and get a little of the monthly cash flow.Deal info:7230 SF building, lot 38170 SFCap rate: 8.10%, NOI: $68,636Gross rent multiplier: 8.64Occupancy: 100%Stories:1  Built: 19913 bed 1 bath, rent 1110, 915 SF, 4 units3 bed 2 bath, rent 1110, 915 SF, 4 unitsOperating expenses: $29,818Effective gross income: ~$104,000Sale description: 8.10% Cap Rate!

First off the appraisal for a property of over 4 units will be a commercial appraisal, not residential so the sales comparison approach is not the best way to determine value it will be determined by the income approach, cap rate, gross rental multiplier , etc.