@John Clark, I don't think you can count cap ex reserves as an expense and deduct them.

many of the higher cashflow cities are in the midwest. try to find a map showing the highest average cap rates for multifamily around the country & start looking in the areas with the higher ones. :)

For those using GPTs, I have created a GPT to calculate and explain cash flow, ROI, cap rate, IRR, and cash on cash return.

Typical 6-7% cap rate on a duplex isn't enough to cover that which you listed. 

Put it in a high yield savings. a 12 cap apartment is class D and while it may on paper pan out at 12%, will it.

Many of them cap at a much lower LTV compared to a primary so it would depend on how much equity you have in the property at the time.

However,  there are many variables that come into play: location, low rents, Cap X costs, etc.

They are often based on a combination of unleveraged internal rates of return and discounts to replacement cost due to the scarcity of debt.Where cap rates are used, they have seen significant movement off the 2021 lows, with 5-star properties seeing yields expand by 175-200 basis points.

The impact of the Fed's action will likely be not only on interest rates but also on spreads, which in turn will restart activity up and down the debt capital stack.Hotel cap rate forecasts have been inching higher.

The kitchen sink in garage to be eliminated and lines capped.