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  2. Capitalization rate - Wikipedia

    en.wikipedia.org/wiki/Capitalization_rate

    The difference between the in-place rent and the ERV is the reversionary value of the property. For example, with passing rent of $160,000, and an ERV of $200,000, the property is $40,000 reversionary. Holding the valuers cap rate constant at 8%, we could consider the property as having a current value of $2,000,000 based on passing rent, or ...

  3. Rowan County, North Carolina - Wikipedia

    en.wikipedia.org/wiki/Rowan_County,_North_Carolina

    Rowan County (/ r oʊ ˈ æ n / roh-AN) is a county in the U.S. state of North Carolina that was formed in 1753, as part of the British Province of North Carolina.It was originally a vast territory with unlimited western boundaries, but its size was reduced to 524 square miles (1,360 km 2) after several counties were formed from Rowan County in the 18th and 19th centuries.

  4. Gross rent multiplier - Wikipedia

    en.wikipedia.org/wiki/Gross_Rent_Multiplier

    A 100 GRM (monthly rents) = 8.33 GRM (annual rents). An 8.33 GRM calculated on annual rents suggests the gross rent will pay for the property in 8.33 years. The common measure of rental real estate value based on net return rather than gross rental income is the capitalization rate (or cap rate). In contrast to the GRM, the cap rate is not a ...

  5. House price index - Wikipedia

    en.wikipedia.org/wiki/House_price_index

    House price index. A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has an HPI of 100). Methodologies commonly used to calculate an HPI are hedonic regression (HR), simple moving average (SMA), and repeat-sales regression (RSR).

  6. Rental value - Wikipedia

    en.wikipedia.org/wiki/Rental_value

    Rental value can also be used in a divorce, separation, or annulment action for equitable distribution, in those states lacking Community property laws. [citation needed] Fair market rent in the US. Fair Market Rent in the US context is the amount of money that a given property would command, if it were open for leasing at the moment.

  7. ‘Impossible to live’: Kentucky man sees 75% increase on his ...

    www.aol.com/finance/impossible-live-kentucky-man...

    Point2 also discovered that Lexington saw a 30% increase in average rental prices between June 2021 and November 2023: jumping from $953 to $1,246. This is a somewhat similar price increase to ...

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