Investment Property

If you are looking to buy property as an investment, the appraiser first starts with assessing the fair market value of the property itself. Then, the appraiser evaluates comparable properties in the area and includes information about leases and monthly rental prices, minus the cost of utilities and other expenses. You can then use this cash flow analysis to evaluate how much rental income the property would likely generate each month. When deciding on a time to sell an investment property, an appraisal is crucial to make the most return on the sale.

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