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Rent increase calculator/formula needed

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Wolfgang5150

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Joined
Aug 15, 2007
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Location
Orchard Park, NY
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User Power: 18%
Hello - I'm back after spending too much time on the car boards, and not enough on this one.
I'm going to start increasing rents on some of my properties - is there a formula I can use to show how much an increase in monthly rent will increase the value of the property over the long term? Or is it a simple calculation ($100 a month, is $1200 annually or $12,000 value over 10 years? etc)
SteveO/GLC, others. - looking for your expert advice.
Thanks in advance.
Kevin S.
Orchard Park, NY
 
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With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

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  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

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