Multiply that number by the amount of square footage in your property under review and you will get a "rough" estimate of value.

It will cost you to start getting rent from empties.The 60x multiplier may or may not have anything to do with real value to you.

Second, if the sources in option # 1 don't have any info, I will use the tax assessed value (or that value multiplied by a lower percentage, say 80%, if I want to be more conservative) as the "assumed ARV" when negotiating my price with homeowners.

im trying to make sure i have a ROUGH (i know it isnt going to be exact) estimate on cash flowim just trying to make sure my basic formula is right so i can track the performance i have already had easier (i have not taken money out to upgrade properties etc so i am not putting that into my equation)im also listing all costs as repairs just for simplicity (would include management fee's, legal fees, & other write off capable items)flow before taxes = rent received-mortgage payment- insurance -property taxes - repairsflow after taxes = flow before taxes + .25(mortgage interest+ insurance+ property taxes + depreciation+ repairs)i say .25 multiplied by the sum of all of those listed because thats the money you are going to actually see, if you depreciate $3000 you arent going to see $3000 so its not really cash flowing into my bankcould this be an ok way to get an estimate, or are my theories wrong on how im calculating this?

At 2%, you get a rent multiplier of 50.

I did see something that said, for estimating repairs, you should first determine how damaged a home is and then take a rough number from 5-25 (5 on a home that isn't in bad condition) and multiply it by the square footage of the home So a home that needs moderate repairs and is 1000 sq ft may need 10-15K in repairs Is that a valid rule of thumb?

So when I approach a market I look at the population and multiply it by 10%.

With the fractional reserve banking the amount of new money created is determined by the money multiplier.

decide what your ARV (after repair value is) then take that number and multiply by 70% (.70) then subtract your repairs and that should be close to where you want to be.

From what I've been told most hotels will give you a revenue and a quick estimate is to multiply by revenue multiplier, 2.5-3.5(My Max).