Sep 10, 2025

Appraisals for Investment Properties: Projecting Cash Flow & ROI Before You Buy (or Renovate)

Appraisals for Investment Properties: Projecting Cash Flow & ROI Before You Buy (or Renovate)

Zack Rhodes

Sep 10, 2025

In real estate investing, decisions are only as good as the numbers behind them. That’s where appraisals can do more than confirm market value — they can forecast future cash flow, ROI, and long-term potential.


Whether you're a Realtor advising investor clients, or an attorney managing inherited or rental properties, an investment-focused appraisal can help determine whether a property is truly worth it — as-is or after renovation.

What an Investment Appraisal Really Tells You

  • Goes beyond simple market value

  • Includes income potential based on:

    • Current rental market

    • Property condition

    • Renovation potential

  • Provides a neutral, third-party projection you can take to the bank (literally — lenders often require it)

Market Rent Analysis — Now and Later


At Authority Appraisals, we determine:

🔹 Current market rent — based on similar rentals in the area

🔹 Post-renovation rent — based on upgrades, added bedrooms/bathrooms, or amenities

🔹 Realistic rent ranges based on comps, vacancy trends, and local demand


💡 Knowing what a property could rent for after renovations helps investors plan improvements that truly pay off — and avoid over-improving beyond the market.

Appraisals for As-Is vs As-Completed


We offer appraisals in two formats:

  • As-Is Appraisal
    Great for refinancing, estate settlements, or evaluating a property’s current cash flow.

  • As-Completed Appraisal
    Perfect for BRRRR investors, flippers, or long-term hold investors planning major renovations.


These reports can project after-repair value (ARV) and estimate rental income once renovations are complete — helping clients determine if the deal pencils out before committing.


How This Helps Realtors Advise with Confidence


Whether you’re helping a buyer evaluate a fourplex or working with sellers prepping a rental for market, an investment-focused appraisal gives you:

  • A solid ROI case for your client

  • Third-party validation for asking price or offer price

  • A foundation for better listing conversations (“Here’s what this property could rent for after a kitchen upgrade…”)

  • Documentation to back investor financing strategies


Smart Ways Attorneys Use These Appraisals Too


Attorneys involved in estate planning, divorce settlements, or partnership dissolutions can use these reports to:

  • Properly value income-producing assets

  • Account for future potential value, not just today’s snapshot

  • Divide assets fairly when one party intends to renovate and hold

Real-World Example

🧾 Example: A Realtor client brought us a two-family property in Tower Grove. As-is, it was barely cash-flowing. But after a $25K renovation, our as-completed appraisal showed increased market rent and a cap rate improvement from 4.2% to 7.1%. The investor proceeded with confidence — and the Realtor secured a long-term client.

Add Value to Your Clients (Without Doing More Work)


Appraisals like these:

  • Simplify decisions for buyers

  • Add clarity for attorneys and trustees

  • Give Realtors tools to stand out

  • Build investor loyalty by delivering long-term insights

Let’s Talk Strategy


Authority Appraisals offers:

  • Detailed market rent analysis

  • As-completed valuation reports

  • Fast turnaround and responsive communication

  • Local expertise in the STL market


📍 Let’s help your clients invest smarter.
📅 Contact us today to request a sample report or schedule a consult



Ready to Get Started?

Request a free quote — or call/text us anytime at (314) 571-5804.

Ready to Get Started?

Request a free quote — or call/text us anytime at (314) 571-5804.

Ready to Get Started?

Request a free quote — or call/text us anytime at (314) 571-5804.

Ready to Get Started?

Request a free quote — or call/text us anytime at (314) 571-5804.