Cap Rate expectation

[Saleh Sedighi]

I'm looking into multiple markets for multifamily rentals . But I'm not sure how should I set my mini cap rate  while searching and filter properties. 

for example I'm looking into Oakland Ca, and Austin Tx. 

and average cap rate for prosperities in those markets are in totally different ranges 

Is there any way to say, for example above 5% is good for Oakland and not for Austin ?

or at minimum people should aim for above 10% and ignore the rest.

thanks