But the GRM (Gross Rent Multiplier is 130.5) $2150 x 130.5 = value $280,575Similar Updated properties are rented for $1300-1400.

I calculated my net worth gain from my amortization schedules - multiplied by my equity percentage on each note.

So to figure out the new taxes after you fix up the property just take your ARV multiplied by the last years tax rate. 250k * 2.5% = $6,250 in this example. 

@Steve Wightman a gross rent multiplier is the most crude method to evaluate a property.

MEETS the 1% rule, and if rent truly ends up $2,400 we'd be at almost 2%GRM (Gross-rent multiplier): Best case rent GRM = 70.8, Mid-Case rent GRM = 83.3, Worst-case rent GRM = 101.1 Positives:Buyer did a full renovation over the last 6 months, truly a turn-key property.Negatives/reservations:Property does NOT have a garage. 

There is another level to money that most never learn, and that is the art of multiplying money.This is the genius of money and why I love apartments so much.

Take the number of lots that have a home on them today, multiply by the market lot rent, and then by 12 months. 

I hadn't thought about using a equity multiplier to trigger a sale, that's a good idea.

But once we separate ourselves from the pack and take meaningful action, it's like an avalanche of confidence!

Take that down payment number, multiply it by the price of the home found in step 26.