Multiply the two.Utilities-Totally variable, depends on the type of utilities to each property, the size of the property, and the degree of insulation. 

My insight is to run your numbers very carefully, multiply your anticipated annual expenses by 1.5, and don't forget capex.

I manually set holidays and special events in outswitch and apply a multiplier to the base rental rate for that period of time.Outswitch can connect to multiple booking channels but HomeAway/VRBO connection can only be done through RentalsUnited, a booking channel aggregator that I'm currently demo'ing but don't have enough experience to comment on yet. 

Units: 36Building Size: 28,000 SFPrice/Unit: $27,777.78Property Type: MultifamilyProperty Sub-type: Garden/Low-RiseProperty Use Type: InvestmentCap Rate: 11%Gross Rent Multiplier: 5.26Occupancy: 92%No.

Basically, multiply the rental rate by 50 and determine what a reasonable purchase price for that type of rental property should be. 

Asking Price: $695kGross Rent: $54645Gross Multiplier: 13.30 (According to MLS)CAP: 5.1%NOI: $36,066 - they didn't factor in vacancy or management and I believe the posted utility cost is lowMy Estimated NOI: $25115$25115/ 0.051=  $492,500Is it unreasonable to offer $492k - $520k?

Multiply that by 5+ houses (not units) thats 250k+ at a time coming in an out of our accounts.

Multiply this by 100 and it gets an 8 cap.

@David StoneThen multiply your investment loans by 2% and that should be all that's needed.  

We put in multiply offers and finally found one that met all my criteria.