Rentability Quotient
What is this?
- A quick and easy way to calculate/evaluate potential investment properties with relation to their price and projected rent.
- A scoring system that helps determine how well an investment property will potentially cash-flow out.
- The higher the score is, the BETTER.
"Projected Rent" divided by "value" = "RV Quotient"
IDEAL
$1,400 divided by $200,000 = .007
ACCEPTABLE
$1,000 divided by $200,000 = .005
NOT A GOOD PROSPECT
$600 divided by $200,000 = .003
If the "RV QUOTIENT" is higher, one can expect to purchase the subject property with a smaller down payment and the property’s monthly rents have a better chance of covering the property’s monthly expenses.
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