This will very significantly from market to market, diff utility costs, harsher weather regions more maintenance snow blowing etc, but for just comparing two properties in the same area it doesn’t mater as long as you use the same multiplier.

I look at the EM (equity multiplier) or how much my equity will grow by the time we exit.You can have a C/D/F properties where the cash on cash return is terrific but it can be terrible with regard to its IRR.

If you take your GRM (8.33) and multiply the annual income ($11,411) you come up with a market value of $95,054 (not the $110,000 purchase price) Unless this is in a rapidly appreciating market, the $149.07 ($1,100 rent - 950.93 expenses) really isn't a good return on a 2 unit property 

Then estimate your operational budget to turn the building around and then multiply that by two and deduct that from the average.Here are some numbers just to illustrate it.Let's say new builds in your market costs $100,000 per unitAs you said, your valuation based on current actual NOI is $615,000 or $15K per unit.How much renovation/updating will it take to get make this building look like new build?

I remember having $20k in there and multiplying it multiple times every year to have the nearly $4m I have in my account today.

What I'm currently weighing: * Multiple cheaper rentals spread risk out, but multiply the effort (rehab, lower income tenants, more repairs, etc) * A single larger multi-family focuses the risk a bit, but has less long term effort (little to no rehab, higher income tenants, etc) * Each property means a new loan which means higher interest rates...

Hans  Hans,If I understand you correctly, the rent is $700/mo/u, 22 units so $15,400 gross rents.You multiply that 90% (occupancy) and since it's in a C-D area, use 40% operating income ratio.$15,400 x 12 = $184,800/yrx 90% occupancyx 40% operating income= $66,528/yr in Net Operating IncomeWhen you say, your finance cost is $7500 - do you mean mortgage AND operating expenses?

Get the property tax rate, then multiply it by your purchase price for your annual tax bill.

What kind of multiplier should be assigned when valuing land to be sold for new HR apartment rental development?

To verify square footage, I often use the measuring tool function on Phila.Atlas and from the bird's eye view am able to get the area of the roof, then multiply by however many stories the property is.