I don't do all the work on my properties any more, but back when I did I conservatively estimate my labor and knowledge added 7 figures of value to my portfolio, money I would have otherwise had to obtain elsewhere for the same results.

and (what you're estimating to make on your 2nd?)

Then they would calculate an estimated market adjustment for # of unit differences.

Which is approximately $41,000.

It’s great for getting an idea of what similar properties are going for in your area.Zillow Rental Manager: Not only can you list and manage your rental property here, but it also offers rental price estimates based on local market data.AirDNA: While primarily focused on short-term rentals, AirDNA offers data that can help you set prices for medium-term rentals by providing insights into occupancy rates and revenue projections.PriceLabs: This dynamic pricing tool adjusts rental rates based on demand, seasonality, and local events.

Once that amount is adjusted you'll have a loan payment updated based off of the rate and terms of the loan. 2) In you long-term expense estimates I don't see any assumptions for property management (7-10%), repairs/maintenance (7-10%), and vacancy (5%) so I would re-run your estimates based off of new expenses.

We know inflation is sticky at 3% hence this year ratereduction would be less likely.Rent Growth is 0% in the last quarter.Bid buy-sell spread is around 100-150 bps.With supply coming until 2025, my estimate is at least zero growth to 5%-8% decline for multifamily.For Residential, you could check Lance research, it's pretty amazing research, the appreciation curve really depend on location and in particular , supply/demand/DOM factor. 

Which is approximately $41,000.

Estimated value today is ~$850K.

$487K (zillow estimate) or the value when the property is sold today at $750K?