That is multiplying your compliance costs. 

At that point you have your price per kWh... from there just multiply out the amount of kWh they used during the month and multiply the rate you calculated. 

Then you'd multiply the total by 1% to achieve a $2,100 minimum monthly payment.If you're looking to buy an investment property, the 1% rule can help you identify the ideal property to meet your financial objectives.

What rent multiplier is a good rent multiplier?

It's also $840 a year multiplied by every year you own the property.  

Hi all,Working on moving on to our 2nd house hack.We have around $61K in credit card debt that we will have paid off within a year using Avalanche method (may not pay fully down to zero if it makes sense not to).We are currently in an FHA mortgage and have around 5.5-9% equity on our first house hack (been here a year).Planning on saving up the money for a 5% down payment for our next house hack $40K-$65K (purchase price between $800K+$1.3M).Will also need to get some money together for reserves and painting or light repairs before moving into the new property.We will also need to get some money together to do some upgrades to part of the unit we live in, in our current house hack.We are looking at a 2- 2.5-year timeline to get all of the above done and move into our next property.We would like to get it done in less time.The price point in the areas we would like to live are in the $800K+$1.3M.We have chosen this area because we plan on staying in this house hack long term.Does anybody have any suggestions as to how we could speed up this process?

Usually we estimate based on the square footage multiplied by $X per sf.

These aren't the actual numbers, but an example with some round numbers, so the depreciation values are not real, either.Purchase price: 300KLand value: 30KBuilding value (270K) + closing costs at purchase (10K): 280K cost basis, 230K adjusted basis, 50K depreciationImprovements over a few years: 50K cost basis, 30K adjusted basis, 20K depreciationIntangibles (financing fees): 8K cost basis, 2K adjusted basis, 6K amortizationTotal depreciation + amortization as of the end of 2021: 76KI own 50% of the LLC, so the above items would be multiplied by 50% to calculate my share.If I sell my 50% share for 210K, here are my calculations.

Finally, I went to my Schedule E and annotated 365 fair rental days, then added up my home insurance, mortgage interest, property taxes, and utilities, and then multiplied all of them by 0.33 (my business fraction).In the end, I had around a $1000 loss on the property that reduced my overall tax liability.

This is your R/R value factor.6 - Now add up all the R/R numbers separately for each partner, and multiply that total by the number you got in Step $5.Congratulations!!!