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Small Residential Income Property Appraisal Report Form 1025
Purpose:
Appraisals of two-to-four unit residential properties.
Description:
This report provides analysis of competitive listings, cost approach, an analysis of competitive rents, and a sales comparison analysis. Included in the attachments:
■ A completed operating income statement
■ Subject property photographs including a front, rear and street scene
■ Photographs of the comparable rentals and comparable sales
■ Location map detailing the locations of the subject and all rentals
■ Listings and sales utilized in the report
■ A floor-plan sketch with exterior dimensions and gross living area calculations for each unit
■ Appropriate certifications and limiting conditions
