60 / 30 Rule

mobile home university
1

I have seen to explanations of the 60/30 rule. Please explain.

$60.00 x Occupied Lots x $Monthly Rent = Value

                          Plus

$30.00 x Vacant Lots x Monthly Rent = Value

Another explanation said to include the multiplication of 12 months into the equation. Which is correct?

Thanks in Advance.

DK

2

DK,

Put “60/30 rule” in the search function above and you will see several posts that explain it and multiple examples.

Steve