Posts Tagged ‘determine’

I am interested in investing in some leasing property and I want to know what a excellent method is to determine how much I should pay for a leasing property based on rent recieved.

For occasion one duplex I have looked at has collected an mean of 11,500 a year over the last 5 years. But, it is for sale for 275,000. That seems like a high asking price based on the amount of money it is generating.

(I know the amount of money a leasing property is generating is not the only factor, but I reckon it should be an simple way to narrow down my options.)

Thanks!!