How should I interpret the Cost Per Square Foot and Rent Per Square Foot numbers?

How should I interpret the Cost Per Square Foot and Rent Per Square Foot numbers?

The cost per square foot is the purchase price of the property divided by the square footage. You should compare the cost per square foot of your property with other properties in the area to make sure you are getting a good deal. You can do this by searching for comparable properties on www.realtor.com. Similarly, the rent per square foot is the monthly rent divided by the square footage.

EVALUATE > 1ST-YEAR PROJECTION
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