Is this true?

Thank you in advancehttps://www.zillow.com/homedetails/1541-Lower-English-Creek-...This is an easy one to figure outFirst, let me say the property and improvements look beautiful - you did a great job.Cap rates are determined as PASSIVE investments - so AFTER property management fees.  

That said, I completely understand your concern about deals looking "too good to be true" when you’re putting in 50% down.To avoid this, it’s best to analyze properties as if you were using more traditional financing (20-25% down).

Quote from @Zach Edelman: Are you planning to occupy the property as a 2nd home or as a true vacation home?

I also question whether this $700K six unit is a true 10.5-11% cap.

The problem is this time of the year does not have much turn and the units available are not representative of your true competition. 

That is where the magic happens and where true connections that can enhance your journey are made.

This will provide a better reflection of the property’s true market value based on its current use.DM me if you need more insight

Anyone can use DSCR that is the beauty!

Understanding the numbers is key to knowing whether a project will be successful or if it’s better to walk away.That said, it’s also true that every market is different, and combining a solid business approach with lifestyle goals can create unique opportunities.