So do I combine the number of bathrooms and bedrooms to compare to single homes or do I assess each house on the property against a comparable single house and multiply by 2?

From there, multiply out your re-fi amount (75-80% LTV of the ARV), then subtract your renovation expense to ensure you'll have enough equity to get all (or most) of your money back out.

Multi-family is great for cashflow, but the expensive repairs are also multiplied.  

Rent multiplier - one of the few metric that allow you to compare dissimilar properties2  Cap rate - net income compared to the property value 3.  

The easiest way to do it is to look at the projected gross monthly rents and multiply that by 9.  

I then multiplied this by 4 (assuming a $800,000 new value) to yielded a tax of about $13,000. 

I've been told on those, multiply monthly rent x10 for annual.

In my industry we call it multiplying your self.

If you don't have more profitable projects you could do then do them with 100% private money.If on the other hand you only have a few hundred thousand in equity money, using hard 💰 will multiply the number of projects you can do at our next time.

At 275 your gross rent multiplier would be about 88 which is really good.