The capitalization rate of an investment can be calculated by dividing the property's net operating income (NOI) by the current market value or acquisition cost of a property - expressed in the following formula: Cap Rate = Net Operating Income / Current Market Value " Chicago Cap Rate Analysis Please keep in mind this is a high level analysis.It should give you a ballpark idea of cap rates in the various Chicago neighborhoods.But some assumptions were made for this analysis.For example, to determine the net income for a property, I assumed it would be 50% of the Gross Rental Income.

I'm determined but I'd like to hear from some people, especially those who know the area I'm moving to.

And local laws determine the number of animals.  

I am definitely a small fish in a big pond, however I am determined to make this work.

., analyzing all the numbers to make sure that the deal will be profitable), and they determine that this property has a ton of potential.Since Jane and John don’t have enough money to purchase the $10-million property themselves, they decide to put together a real estate syndication offering.

So I just wanna know who and how do they determined the ARV value?

It's really hard to determine which buyers will ask for credits down the road, so you won't know which offers to "exclude."

Lastly on the appraiser front, is determining the property similar to others nearby.  

This will be determined by the city if your lot would even be allowed to be zoned as a duplex or not.

Understanding the underlying reason it went up is critical to determining if it will keep going up or drop.