Tips for analyzing the rental value of a property
Research on rental prices for similar properties
Make a list of properties that best match your property and find out the rental charges and occupancy rate.
Consult property management services.
When hiring a property management company, ensure they can determine your property's maximum rental value.
Working with local agents
Being an agent they get to meet many tenants and can analyze how much the tenant can pay for a property.
Calculate the rental price per square foot
To calculate the rental price per sq ft, divide the rental price by the total area in sft.