When I was  learning the appraisal ropes, I discovered that most appraisers didn't want to analyze market rent. I had experience figuring out market rents for my own rental properties, and didn't figure it could be much different.

The research involved in finding out what renters are willing/able to pay for rent isn't really that much different than how I used to compute how much rent I would charge. What is different today is the way I report my findings.

In 1987 I reported my findings by advertising my rentals in the newspaper. Today I report my findings to my clients - bankers, investment counselors, financial advisors, and mortgage brokers -  who are interested in a thorough analysis of what the current market rent is for an investment property or loan collateral.

I do the research to figure out what the market participants are paying to rent properties similar to the subject. In the Rogue Valley location has  a significant influence on rents as well as the anticipated cost of repairs and maintenance.  

After I've researched and concluded Market Rent I typically like to draw up an Operating Income Statement. This report allows the landlord, or investor to easily see the projected Net Cash Flow. For the lay person this simply means how much money is left once the expenses - either anticipated or actual - are subtracted from the gross rent. 

Call now to request a Market Rent Analysis or Income Property Operating Income Statement for properties in Jackson or Josephine Counties in Oregon.