Cap rate needed to cash-flow a 15 year note?

[Thomas Ince]

As a rule of thumb.  What is the cap rate needed to cash flow a rental home with a 15 year mortgage?

In this example assume 20% down and 4.25% rate.  

[Ralph R.]

Thomas Ince I don't know about the required cap rate but I do know a 15 yr note on a rental property (especially a buy and hold) is a bad idea. You don't want to lock yourself into high payments. It's far better to get a 30 year note and pay ahead if you want to pay the property off quicker. You will hate those higher 15 yr pmts when you have a vacancy, want to save money for another investment,or you have a major repair. Why knock your cash flow down with a 15 yr note? Remember cash is king!! RR