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Updated over 6 years ago on . Most recent reply

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Suzanne Grix
  • Rental Property Investor
  • Roseville, CA
0
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3
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Best place to find CAP and rent rates

Suzanne Grix
  • Rental Property Investor
  • Roseville, CA
Posted
Currently using “rentometer” to determine rental rates and scattered google results for average CAP rates for use in rental property calculators — any suggestions for better tools?

Most Popular Reply

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197
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Michael Badin
  • Rental Property Investor
  • Apex, NC
102
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197
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Michael Badin
  • Rental Property Investor
  • Apex, NC
Replied

For rent, rentometer is a good place to start. Then do your leg work, look at other local listings, call them and see what they are offering. Compare that to what you have (Apples to Apples). That should give you a good idea of the local market rent. You can also look at reports from IRR.com and or www.marcusmillichap.com for a more broad overview of the market.

For market cap rates look at the report put out by CBRE "US CAP Rate Survey Advance Review 2018"

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