Time is the ultimate multiplier of wealth.

Multifamily is valued on a gross rent multiplier. 

You can achieve gross revenues at a multiplier per location vs that sec8 volume model. 

Properties that grow significantly in value provide the equity and leverage needed for future investments, which can multiply your returns over time.

@Lexi TeifkeHypothetical...4 unit's $1,250/door gross rent monthly= $60,000 gross annual rent60,000 x .65 (total expenses multiplier) = $39K$39,000 - $27,000 (debt) = $12,000 net income12K / 12 mths = $1,000$1,000 / 4 doors = $250/door net

Newbie soon to be pulling the trigger on 2-4 unit's as soon as I find the deal for me. Was curious...not including debt, is 100% gross rent X's .65 to .60 = NOI a good calculation for all expenses? Thanks y'all.

Then multiply by 50%.

However your multiplier is huge. 

HelloGEOGRAPHYCountyNJ:MIDDLESEXPROPERTYProperty TypeResidential: Multi-FamilyResidential: SFRResidential: TownhouseResidential: DuplexResidential: TriplexEquity(%)30 40 to 100 % maybe as low as 20% depending on the fluctuation of values Last Market Sale Date01/01/1950 1900-01/01/2006 2009OPTIONSOWNER-OCCUPIEDAbsentee Owned In-StateAbsentee Owned Out-of-StateALL STATESADDRESS-COMPLETENESSMailing and Property address CompleteCORPORATE-OWNEDExcludeAddsExclude trust ownedInclude a Value not to exceed median and not lower than a multiplier of value times % of equity that youre comfortable buying.Since you can't grab BEDS add Sq 1100- 1800

Eventually as time passes you will experience a 20-22 times multiplier.