Cap rates in Orlando/Mt. Dora/Eustis areas

[Adam Taha]

Hi guys,

I am an Orlando native who has been looking to get into investing in the Orlando market for the last 10 months and have put a few offers but have not found success. I am a CPA (licensed in GA) and my day job involves me working remotely for a company in ATL as an M&A consultant. It seems everyone I know who buys rental properties is just getting a cap rate of 2-3.5%. Is anyone doing better? I know the days of 8-10% are gone but 3% seems really low.

[Tyler Gibson]

@Adam Taha not in the way NOI is calculated on real estate. Additionally only the interest payment is technically an expense. Any payment towards the principal is not.