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How To Prepare for a Commercial Property Appraisal

East Coast Appraisal

If you plan to sell, buy, or refinance a commercial property, you will need to get an appraisal done by a qualified appraiser. An appraisal is an unbiased opinion of the value of a property based on its physical characteristics, location, market conditions, and income potential.

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Crunching Numbers: Using an Investment Property Closing Costs Calculator

Listing Spark

These figures include a ballpark on ROI for rental properties, a clear idea of your expected profit on a flip after renovation and resale, and a detailed list of the expenses you’ll incur to process the property. Many investors stop at calculating buyer closing costs, renovations, and holding costs.