as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
how much is an asset producing $x/month is worth?
user
the simplest way is just to compute how much money you'd have to have invested elsewhere to provide a comparable return. for example, if you assume a safe interest rate of 2.3% per year, you would need to have about $520,000 to get $1,000/month.
assistant