A property's vacancy rate can significantly impact its value. A high vacancy rate can indicate a less desirable property or location, which can lower the property's value. On the other hand, a low vacancy rate can suggest a highly desirable property or location, potentially increasing the property's value. Additionally, the vacancy rate directly affects the property's income potential. A high vacancy rate means less income, while a low vacancy rate means more income, which can also influence the property's value.
Real estate can be a great addition to an investment portfolio. But as with any investment, it has t...
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