Cincinnati Market Cap Rates/ GRM: Can you confirm my figures?

[Tanner Gish]

Hello Friends, especially those investing in metro Cincinnati,

  I hope you're all doing well, and looking forward to Thanksgiving!

  Now, here is a question that might draw a facepalm (esp those who know how street-to-street Cincy can be), but here's a question: Around Norwood, what would you say the typical 1) cap rates, and 2) gross rent multipliers, are you seeing for properties in that market (let's assume C class properties, or well cared for/ rehabed Turn of the 20th century houses in that area)?

My general gloss is showing that it's possible to likely get around a 7-9 % Cap rate, and likely an 8-9 GRM.

  Would you guys agree with this as a generic starting point?

  Thanks!

-Tanner