what exactly goes into evaluating caprate

[Marci Stein]

 I’m looking at a 7 unit building . 
does the vacancy rate and repairs go into evaluating the cap rate , or is it just income versus debt ?

TY !

[Barry Ruby]

@Marci Stein .5 = 50% .05= 5.0% so the cap rate in your example is a bit more than 5%