Then multiply the ratio by the purchase price (including closing costs) to get the value of the land.

Each house is multiplying/leverage the money you have into great deals.

If you see the world through your fears, poverty multiplies all around you."

@Brian Garrett Very true, I was just going to get the comps for duplexes in the area and multiply it by 4.

(b) (i) Any person or entity who faces a financial hardship as aresult of being deprived rent payments for property pursuant to thissection shall receive forgiveness on any mortgage payments for suchproperty for ninety days, in an amount determined by the following frac-tion multiplied by such mortgage payment, up to the total dollar amountof lost rent: (A) The numerator shall be the total amount of rent payments suspendedfor his or her tenants over the ninety day period laid out in thissection;

Example: $100,000 interest only loan at 12%$32.88/day ($12,000/365)$33.33/day ($12,000/360)So you'll multiply the above by how many days since your last payment then add it to your principle balance. 

This is calculated by taking interest rate multiplied by reamining principal of 311,200 correct? 

The appraiser used gross rent multiplier of 80 and brought the income approach in at $204,000. 

You are substantially impacted by public health restrictions related to COVID19.If you meet the eligibility you would be allowed a loan up to the lesser of $10 million or your average total monthly payroll costs during the one-year period to the loan being made multiplied by 2.5.  

Multiply that by 10 or 20 or 50 and you can see why so many landlords took it in the teeth in 2008 and beyond.That's why I've been sadly shaking my head over the past two years whenever I'd see folks do deals with a whopping $68 in monthly cash flow.