My monthly/Yearly Analysis are Gross rent of $5K/60K, Operating expense(details below)$4.7K/55.9K, net cashflow is $0.338K/4K of 7% operating marginNOI( excl P&I payment ) is 35K/yr with a Cap Rate of 5.83%.

But how many folk really place "2-5%" of their monthly rent return into a Cap Ex Account?...

For deals, I create a spreadsheet with detailed expenses and I generally back into a cap rate. 

I saw an apartment building down in Tampa that has 9 units it’s worth  $550,000 and it has a cap rate of 11.79% which seems pretty high to me and it looks like a good investment.

I just want to make sure I’m doing the right calculations.. for the cash on cash I’m doing the annual net cash flow/ total cash investment times 100 and for the cap rate I’m doing net operating income/ sellers price...Also what would be a good cash on cash return and a cap rate ratio

Whats a 17 unit building in Newmarket produce as a CAP rate?

A cap rate projection is only as good as the assumptions which underly it. 

That has to cover insurance, property taxes, vacancy, maintenance, etc. along with a cap-ex holdback. 

Have any multi-fam on your list in the LA area with a cap rate of 7+? 

Hi @Gina Ma, I have never used a cap rate to analyze my single family rental properties.