Being precise on that number is less critical if you can weather storms should cap rates spike during your hold period.

I'm a lender in California and rates have spiked dramatically in the past couple of weeks.

I intend for this to be a long hold (ideally) unless we have some nuclear spikes in the next 5.Any input is appreciated - thank you

Having the option to purchase and make those types of returns would drive up the price as it becomes attractive to investors, however if you are on the buy side I would caution you as the last two years have seen spikes in demand due to international travel restrictions.

Electric can also spike in the summer with A/C.

When oil prices spiked upwards many industries were hurt and people got laid off. 

This big decrease we’re seeing are more so a decrease in LIST prices more so than a decrease in SOLD prices.The spiked LIST prices discouraged sines buyers.

We'll likely see a spike in them over the next few months given the economic climate, but I wouldn't focus on them specifically.

Truly, I would like to be a passive investor so this real estate fund/ syndication has spiked my interest.

Electric can also spike in the summer with A/C.