Hi @Account Closed and @Leshon Hill you are both right in your own way, Leshon that is not an actual cap rate is ROI( Return on Investment ) just simple I do Joint Venture Consultation, for many Assisted Living, senior living, drug rehab, ETC, its business who they structure it is as Market Valuation, lets say you do by the Property for 300k make 50% ROI 150K your first year, you will structure a more realistic Valuation as Business rather the a Real estate ( Cap Rate structure ), so to re sell your property gain equity and get more interested clients you don't advertise as 50% cap people will think you are crazy even do the returns are 50%, you structure your Valuation once the business is running and has proven track record not Proforma based, in lets say 1.5M business for sale generates 10% ROI/ Cap rate, also you shouldn't call it cap rate maybe proforma, but its better to used Return on investment term. so its better for you invest 300k keep business for 18 months, sell for 1.5M and do it again. or sell 750k Equity in the Business keep half of the monthly revenue, make 450k Profit open another. that's what we do, and works fine with assited living senior care I will assume will be the same with drug rehab. best luck PM is you need anything.