Cap rate and 4 family??

[Jerell DeCaille]

Good afternoon Bp family! I’ve been spending the last few weeks analyzing deals on Zillow, trulia, loopnet etc. just to accustomed to determining whether a property would be a good buy or not. I have a two part question, 1) is there utility in determining cap rate for 4 family? and 2) if yes, does the standard 8-12% cap apply to the St. Louis market?

Thanks in advance!