What is your MINIMUM required Capitalization (Cap) Rate?

[Marco Santarelli]

Although I'm not a big fan of using the Capitalization (Cap) Rate to analyze a property, it is a number used by many investors as a quick one-dimensional metric.  It is also one that is more commonly used in the commercial space.

Of course, investors have different subjective expectations of what a "good" or "minimum" cap rate is.

So I'm doing a quick poll via this post:

What is your MINIMUM required Capitalization (Cap) Rate?