Real Estate Cap Rates will of course follow.

Then there can be cap ex allocation for a certain hold period.  

With $50K and a DSCR loan, your budget will likely cap at properties in the $150K-$170K range, depending on the closing costs and any repairs needed.

The $200 cap rewards the class A doors we want to manage, and the $100 minimum weeds out the doors we don't want. 

At a 7% cap rate= $685,000 for the same amount of effort and risk.2. 

In 2021, this property would have sold for $1.2M.While this, still, is hard to cash flow at a 7% 30-year rate, buying a property that used to trade at a 5% cap rate for a 7.5% cap rate is inarguably better value.

We are chasing add value apartment complexes of 32 units or more, priced between 3.2M - 4.8M, purchasing all cash while using SOFR or Fannie as contingencies, targeting a 6-8% cap upon entry and want to operate sub 5% for stabilization.

Further, running a very quick and simple valuation based on $900 rents, 8% vacancy, 25% op exp margin, and a 9% cap rate, I'm coming up with an ARV of around $83k, so I'd pass if I were you unless you can get a much lower purchase price.

Ideally 10% CAP and pure cashflow of $150+ per unit.

However if it is a larger property I comp it like I do a commercial property with a cap rate and with cash flow.