Table shows how to present rental income data to a lender, broker or appraiser.
Attached is an example of how to organize and present rental income data to a lender, broker or appraiser in the process of ordering an appraisal or listing a property for sale.
In my (35) years of appraising commercial real estate appraisal experience, I have seldom been provided with the required information in a clear and concise format.
Please note that rents are without sales tax. To remove sales tax from a given rent, say a $1,000 / month rent, simply divide the rent by the sales tax, for example, if the sale tax is 7%, dividing by the monthly rent of $1,000 by 1.07 gives you $934.58.
This is the monthly rental amount to be shown in the table.
The website for Central Florida Appraisal Consultants (CFAC) is https://www.cfappraisal.com/
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