Buying 81 units/year is not the benchmark I'd worry too much about though.

Example: a loan for $75k towards purchase and $25K towards repairs that comes with 2.5 points and 12% interest would cost you the closing costs up front (around $500 - $1,000) plus $2,500 for the points and $1,000 per month in payments (interest only payments are common).A hard money lender will typically release funds as certain benchmarks in the rehab are met which will also come with a small fee.

These homes will serve as a strategic investment benchmark to allow for larger rental growth over the next 3-5 years.

Back in 2019, the Bank of Canada dropped its benchmark interest rate to nearly 0% making it a lot cheaper for citizens to take out mortgages.

It is a popular benchmark used in the measurement of an entity's ability to produce enough cash to cover its debt payments.I'm a newbie as well and still being a sponge. 

They’re the ones who will be taking care of the day-to-day operations so they have a good grasp of how much you need to set aside.Even better, start networking with other underwriters - join masterminds, facebook groups, follow people on Linkedin and as you get opportunities to see other people’s underwriting, you’ll absorb benchmarks over time.#17My biggest tip on improving your underwriting skills - pay someone for their time to get 1-on-1 coaching.I’ve spent tens of thousands on real estate education across masterminds, courses, bootcamps, events, etc. but I took my underwriting to the next level with personalized coaching.Most masterminds and courses cover the entire spectrum of multifamily investing but I knew underwriting was going to be my superpower and needed a specific feedback loop for this particular skill.

Is there a benchmark CAP rate I can apply to something like this?

These answers would help me decide in what direction to go in; offer/settle/hold, control and assign, public auction, refer out or walk away.The comps, what are they selling for in the area, need to get real good comparable sales as a bench mark to potential valueThe mortgage balance, current with payments or in the arrearsMortgage payment amount, interest rate, terms - how many years, any balloon payment?

Just as a benchmark and if you've used other sites is there any recommendations on those?

I always track my actual expenses and profits to benchmark against my proforma.