Most important market drivers
Populatoin growth
job growth
employment diversity
renter demographics
do incomes support renovations
natural disaster risk
political climate
rent control
Competitive Set
rental rates
$/unit
$ / SF
Amenities
laundry
fitness center
pool
dog park
Unit Mix
larger unitrs
more families, longer tenant base
less wear and tear
fewer turnover costs
smaller units
more transient renter base
additional wear and tear
additional turnover costs
unique unit features
townhouse
Den
Loft
Other income drivers
Pet Fees
Up-front fees
monthly rent
parking fees
storgae fees
laundry fees
commercial rent
Return on Cost
Annual percentage increase in rents realtive to construction costs
Example
10000$ / unit construction cost
100 $ / unit / month rent increase
12% reutrn on cost
(100$*12)/10000 = 12%
Zuletzt geändertvor 2 Monaten