Avoid basing it on uncontrollable factors like taxes or insurance.

They will base their DSCR calculation on the market rent 1007.

Value is based on each individual and they will need to determine if they think there is any value.

Quote from @Brandon Croucier: Financing a commercial MF that runs as an STR is possible.Appraising a property based on the income is not, whos to say a buyer would STR the property. 

Quote from @Spencer Thomas: Quote from @Dominic Mazzarella: Quote from @Spencer Thomas: View report*This link comes directly from our calculators, based on information input by the member who posted.What do you all think of the deal and how I analyze it? 

I adjust pricing based on demand, like raising rates during peak season or local events, and lowering them in slower months to stay competitive.

Since you know what you need to buy it at and an average rehab cost, I would say $50-70k for a cosmetic flip, set the ARV based on the sample you choose and doing comps and ask them if they would invest in a deal similar to this. 

I am based out of Westchester County, NY, looking to invest in multifamily properties.  

“A new Michigan law bans many landlords from rejecting tenants based on source of income, like housing vouchers, veterans’ benefits or Social Security.Gov.

Yup, property condition, vintage, neighborhood, tenant base, property management are all very important considerations.