Condo in Northern NH - Help me analyze this deal

[Jonathan Bombaci]

This would be a condo in the white mountains that I would rent out to Long Term Tenants. I think it's pretty common to airbnb in this area but I like the idea of stable predictable cashflow. 

The cap rate is less than I typically look for but the cashflow is pretty attractive. I have more actively managed properties but a condo is attractive since I'm assuming it would end up being pretty close passive income (assuming we get great tenants). 

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