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Updated about 10 years ago, 11/18/2014
What's your target cap rate?
I'm a new member here and a Realtor. I have a 2 family duplex that I've listed and can promote it as a 1st time buyer, owner occupied or to investors as a buy and rent.
Using conservative income and expense figures, I come up with an 8% cap rate for a buy and rent.
Am I in the right ballpark for investors?
Thanks for any opinions!