Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
Cap Rate from Pro Forma
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?