Report forms · Small Income 1025
Small Income 1025
The form for 2–4 unit income properties.
Small Residential Income Property Appraisal Report (Fannie Mae 1025 / Freddie Mac 72)
Small Income 1025 · how ValueSwell fills it
- Per-unit walkthrough capture with room-level detail
- Organize supplied rent comparables and gross rent multiplier support
- Income and sales approaches drafted side by side
About the Small Income 1025
Used for
- Duplex, triplex, and fourplex mortgage appraisals
- Investment-property purchase and refinance
What it covers
- Unit mix, rent schedule, and actual vs market rents
- Income approach with gross rent multiplier analysis
- Sales comparison with income-producing comparables
FAQ
Small Income 1025, answered.
Does the 1025 include an income approach?
Yes — that’s what distinguishes it from a 1004. The 1025 includes a rent schedule and a gross rent multiplier analysis alongside the sales comparison approach.
