Looking for a GENERAL guideline on current cap rates for multi-unit apartments in Riverside County and also Orange County (most likely around Anaheim).

Thursday, June 21st at Tommy's Pizza in Dublin (between Sawmill and Riverside). 

Hi everyone, I am looking to buy a SFH in Riverside California.

Looking at this property in Riverside and here is my analysis. 8377 Cypress Av Riverside 92503Lets say I purchase 400,000 The actual rent on it right now is: 550 + 1100 + 750 = 2400Expenses (monthly)Repairs: 50Taxes 366Insurance: 100CapEX: 100Total Expenses: 616Loan20% down, 320000 loan30years @ 4.3% Mortgage: 1139Cashflow: 2400 - 1139 - 616 = 200 monthly Cashflow ROI: 2.61%Just looking for some feedback on this calculation, it looks like it isn't that great of a deal since ROI is only 2.6% but it does cashflow, so it can't be too bad. 

Anyone know of any in Orange county / Riverside / Long Beach ? 

@Glen Michael and @Scott Rogers, I am the Alabama expert on tax liens. 

I looking for a single family house to house hack in Riverside CA.

My name as you can see is Glen Parmenter I reside in Arlington Texas with my amazing wife Aimee.

Metropolitan Area Zillow Home Annual Annual Annual Zillow Annual Value Indexiv ZHVI ZHVI Inventory Rent ZRI (ZHVI) Change (%) Change ($) Change Index Change (ZRI) United States $203,400 6.50% $12,500 -11.70% $1,432 2.20% New York, NY $426,100 7.10% $28,200 -16.80% $2,393 0.50% Los Angeles-Long Beach-Anaheim, CA $615,800 5.40% $31,600 -23.20% $2,720 4.40% Chicago, IL $212,900 5.30% $10,800 -9.30% $1,651 1.00% Dallas-Fort Worth, TX $217,100 9.10% $18,100 28.40% $1,596 3.00% Philadelphia, PA $219,000 3.00% $ 6,400 -16.10% $1,578 0.40% Houston, TX $183,300 4.60% $ 8,000 2.80% $1,532 -2.00% Washington, DC $384,700 2.40% $ 9,000 -10.70% $2,133 0.70% Miami-Fort Lauderdale, FL $259,200 6.80% $16,400 -0.90% $1,848 -1.50% Atlanta, GA $182,200 6.70% $11,400 -11.60% $1,379 4.30% Boston, MA $432,300 6.50% $26,400 -19.10% $2,365 2.20% San Francisco, CA $871,300 6.00% $49,500 -32.00% $3,379 -0.10% Detroit, MI $142,700 7.60% $10,100 -16.90% $1,181 1.40% Riverside, CA $335,200 6.00% $19,100 -20.00% $1,840 6.20% Phoenix, AZ $242,100 6.50% $14,800 -12.60% $1,344 3.70% Seattle, WA $457,700 11.70% $48,100 -23.60% $2,198 5.60% Minneapolis-St Paul, MN $246,200 5.50% $12,800 -18.40% $1,623 5.30% San Diego, CA $555,800 6.20% $32,500 -31.00% $2,535 4.40% Tampa, FL $189,100 8.10% $14,100 -20.10% $1,364 2.30% Baltimore, MD $262,000 3.10% $ 8,000 -18.80% $1,730 0.20% Denver, CO $372,800 6.30% $22,000 -23.30% $2,035 1.80% Pittsburgh, PA $137,100 3.90% $ 5,100 -10.00% $1,067 -1.50% Portland, OR $369,000 6.00% $20,900 3.40% $1,872 4.70% Charlotte, NC $179,100 8.50% $14,000 -4.80% $1,284 3.60% Sacramento, CA $376,900 8.40% $29,100 -21.80% $1,813 7.00% San Antonio, TX $167,100 7.50% $11,700 3.70% $1,335 1.00% Orlando, FL $209,900 7.70% $15,000 -14.90% N/A N/A Cincinnati, OH $154,600 5.50% $ 8,100 -16.00% $1,273 2.90% Las Vegas, NV $236,800 11.20% $23,900 -24.50% $1,284 3.90% Columbus, OH $168,400 6.90% $10,800 -25.50% $1,324 2.70% San Jose, CA $1,076,400 12.30% $118,200 -60.40% $3,488 0.10% Austin, TX $280,700 8.50% $21,900 4.40% $1,690 -0.60% Virginia Beach, VA $222,300 2.50% $ 5,400 -4.80% $1,400 0.70% Providence, RI $273,300 6.20% $16,000 -13.90% N/A N/A Milwaukee, WI $214,900 3.70% $ 7,700 -4.30% N/A N/A Jacksonville, FL $184,800 6.80% $11,800 -6.50% N/A N/Ahttps://www.prnewswire.com/news-releases/median-us...

Hey Glen,My advice to you is to rent for your current housing.