(To clarify, the metric I'm talking about isn't true cash-on-cash or cap rate, under strict definitions.

Cleveland, Ohio seems to be the place to be in terms of cap rates and distance from home.

@Matt Smith generally speaking it’s a combination of rising interest rates which have caused cap rates to increase (thus wiping out equity), debt is resetting at higher rates, rising opex costs due to inflation and stagnant or softening of rents due to an increase of supply.

Here are some hard numbers from my end:40k — 60k down payment6% minimum CAP rateMultifamily — 2 to 4 unitsColumbus, OHSome of the questions I have revolve around the actionable steps I can take as well as the hard numbers I should be on the lookout for when analyzing a property as being a good deal or not.I would be more than happy to schedule a call at your earliest convenience to discuss the details.

Because of the property tax caps you should at least consider a 2-4 year old home as you could easily save 20% or more on your property taxes for as long as you own the property. 

.✅ Seller Financing – If a seller is open to it, you can negotiate terms that work for both parties.Hard money and non-QM loans do have higher rates than traditional bank loans, but they allow you to keep growing without being limited by big banks' property caps.

.$1,100    Let's round to $1,100 NOI per unit.Valuation:I don't like CAP rate, but. 

Your cap ex will catch up with you.  

Bang on here!

Been looking into building out an IDX lead generation website and I stumbled upon software called Mashvisor, it claims to integrate into your IDX website and calculate Cap Rates / Cash Outlay, Etc etc.