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DaddyHalbucks · 12-23-2008, 01:27 PM

As a former real estate broker, fair rental is approximately 7% of market value. That's annually.

So... $3,500,000 X .07 = $245,000

Then, you divide that by 12 months in the year.

So.. market rent is approximately $20,000 a month.

12-23-2008, 01:27 PM
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	As a former real estate broker, fair rental is approximately 7% of market value. That's annually. So... $3,500,000 X .07 = $245,000 Then, you divide that by 12 months in the year. So.. market rent is approximately $20,000 a month. __________________ Boner Money