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Updated about 2 years ago,
Buying and Hold in Mount Healthy Heights
Hey, found a decent property. SFR, purchase price 130K and repairs around 20K, expected rental price 1,400
That means Net Cap Rate - around 7.2-7.5%
I want to know a little bit about the neighborhood. If it's a A/B class.
And what is the expected Cap Rate in this neighborhood.
Thanks !