California Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago, 05/24/2018
[XPOST] Help me evaluate this deal. CAP 5.0
In Oakland by Lake Merit(1 mile), would you do this?
MultiUnit
LTV: 55%
CAP: 5.0
COC: 4%
The huge downpayment is scaring me. Rent controlled property and most of the units are at or near 15% of market. So rental upside is not super huge.
Please be gentle. Light on investment knowledge here.
AJ