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Updated over 3 years ago,
Cap rate on a short term rental vacation home
Background - Looking at a property that we would also use as a vacation home and STR so it's not 100% about maximizing the return on the property. In this sellers market there also appears to be no real future property appreciation to get here, just utility and cost offsetting and possibly cash flow.
What CAP rates are y'all targeting for your STR's?