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If the purpose of your inquiry is to establish rental rates as you say,
I'd strongly recommend not using an ROI method. Someone else in
this thread was making a similar assertion. Markets, meaning where
supply meets demand, determine that. Your probable rates can only be
determined by what renters are willing to pay, given what the other
rents are for comparable units. So, simply find out what the rents are
for comparable properties, and the asking prices for those
income-producing properties on a sale basis, and do some division to
find out what the ROI is.
Seth
http://www.MyLoanMarket.com
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Re: Real Estate Monthly Rate of Return
