Investing is about multiplying your money, right?

Since there are 8 units, they are multiplying that base $73/month by 8, even though there are only two water meters.

We were adding slowly back then, and were able to multiply once we had the resources here. 

At the time our market was hot due to low inventory and most homes where getting multiply offers.

(Actually, that'd be really cool if practical: some sort of multiplier to apply to his numbers for major metro areas.

Typically here in Dallas, when we need to get a rough idea we will multiply the square footage by 25 if it's mainly cosmetic, and if there is a lot of majors that need work, we will multiply it by 35-40 a square foot.

Multiply the result by 100 to get the percentage value.As an example, if a property is valued at $10,000 and the loan amount is $9,000 the LTV ratio would be 0.9 or 90%, with the borrower only having 10% equity in the property.

(I also tried the analysis tool on the site, and the numbers looked good: gross multiplier at 7.69; cap rate at 10.39; net operating income at 9,348.00; debt coverage ratio of 1.44 at year 1; and pretty good equity).I really appreciate the help and insight.

You can get an idea of the profits by multiplying your gross rents by about 8-10% for maintenance, then applying a 30% profit margin).

Add the Gross Multiplier $4800 per year x 13 Gross Multiplier and the value of my property increased by $62,400 + $48,000 in 10 years means when my tenant gave me a notice to move I just made $110,400 plus add 4% rent increases for the 1-year period and the Gross Multiplier kicks in plus the additional rental income and when the tenant gave me a notice to move I made about $250,000 in 10 years.