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Updated almost 2 years ago on . Most recent reply

La'Terrius Campbell's profile image
La'Terrius Campbell's profile image
La'Terrius Campbell
  • Member since Feb 11, 2021
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154
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La'Terrius Campbell's profile image
La'Terrius Campbell's profile image
La'Terrius Campbell
  • Member since Feb 11, 2021
Connect
La'Terrius Campbell
19
Votes |
154
Posts
Multi-Family and Apartment Investing

Cap Rate from Pro Forma

La'Terrius Campbell
Posted

How do you get a cap rate from a pro forma, I hear a lot of investors telling me that, since the property is vacant and has no income at the moment.

Purchase Price: $140k

Renovations: $220k

Number of Units: 7

Each Unit Could Rent for: $750

Gross Income: $63k

NOI: $45,450

How could I get a round about cap rate?

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