Some quick math, if your home was worth $500,000 then we multiply that by 80% = $400,000.  

My goal is to add 1 property to our protfolio each year, until we are in a position to multiply this; so I think this is doable :)

., current entitlement charged), and multiplying the result by 4.Back to the reno loan matter, one unsavory factor is that all the moneys and work need to flow through a GC.

I know the basics... like multiplying the lot dimensions by 0.75 to calculate buildable square footage.

The rule multiplies the ARV by 70% to calculate the value of the property before repairs.

There are other metrics you can use, gross rent multipliers and price per sf come to mind!

To ballpark a property bought in the last couple years you could divide yoru price by the last buyers price and then multiply that number by their taxes.

Can't divide or multiply by 0

You multiply the mileage rate times the assessed value and this will give you the amount of taxes for each.

The difference between single-family and multi-units is multi-units appreciate in value when you increase rents and single-family homes do not increase in value when you increase rents.So, if you own a 10-unit property that you can sometimes purchase for the price of a few single-family homes the numbers work like this:10 units x rent increase of $100 per month = $1,000 per month more rental income = $12,000 per year x 18 Gross Multiplier = $180,000 you increased the value of the property by increasing the rents and you cannot do this with single-family homes.Then, suppose, you have a cashflow of $400 per unit when you purchase the property.