I am looking at this property12906 venice blvd 90066price is $1495000As you can see in the listing, they claim this property is rented at $10,000 a month$120,000 / 1495000 = 8%any idiot (even me) knows in Los Angeles you would be lucky to get a cap rate of 4%what's going on here?

Hello BP community,I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.

If no mortgage, you’re looking at about a 5 cap…These properties don't require special financing, with the exception that the lender needs to be okay with loaning on a non-warrantable condo.

Properties, for novices, which look good on paper and have good cash flow usually come with C to D+ areas, risky tenants, and a lot of cap ex that you can't see on the internet (basements, roofs, water issues, outdated mechanicals).You are turning a terrible loss into a springboard which is great, but you are trying to move too quickly it sounds like.

I have props for years and years, with 20% net caps, or better. 

Hi all,I am looking at some CRE and seeing that the Cap Rate in the range of 5-7%.

Here are some details about the property.Price: 480kAge: 1986Rent: 1100 ~ 1200/unitCoC: 3%CAP: 7%I am a first time buyer and house hacker so any insight are appreciated.

In the Wayne County Michigan area for a duplex that's renovated, what are cap rates in that area an investor would seem to look for?

This article says 5.5-6%.  What do you all think of this???https://www.northmarq.com/insights/research/los-angeles-4q23...

I’m trying to value the property and believe its calculated by NOI/cap rate.