Southern Terrace : Real Estate Advice

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Larry Hatzfe…,  in Round Rock, TX
Larry Hatzfeld answered:
the value of duplex ?
I use a rule of thumb that the gross rent should be 1%. So a duplex that is renting for $1500.00 a month should be $150,000. Of course deferred maintainence or very good condition ... more
0 votes Share Flag Mon May 6, 2013 In My Neighborhood in Southern Terrace
Greg Hodge, Real Estate Pro in Round Rock, TX
Greg Hodge answered:
what is the fair market value of a duplex on Magnolia DR?
Unless you are going to live in one side, you need to be asking about the rents. A capitalization of about 10% should guide you to what it is worth once you know the rents.

Let's sa ... more
0 votes Share Flag Thu Apr 12, 2012 In My Neighborhood in Southern Terrace
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