When you go to sell years later, or should you want to illustrate your holdings to a 3rd party to get a loan perhaps, these numbers will be evident and show on a pro-forma.  

I say all this to illustrate that its nice to be proactive in adding to your team, but dont let not having a fully fleshed out team prohibit you from taking action!

Maybe you already appreciate the point, but hopefully that illustrates why the original question, while grammatically correct, is not really a logical one for most people to ask - "Better" CAP rates is a non-meaningful concept.

In Oregon for instance one city ban's nightly rentals  No Air BnB  you must have a permit to do this and they only give out a small hand full.This also illustrates clearly that when you buy rentals that are going to be section 8 your property is what it is and will never really go anywhere as for good bad or indifferent you are on the face lower the perception and reality of the area... so when you look at what's happened in the last 20 years were rental business has exploded into mom and pops you have whole sections of towns and cities that will go through and have gone through exactly what this article describes.The only time this reverses is if like this property its a big complex and the owners have the right to do this... or if its SFR in an area of a city that is regentrifing @Ben Leybovich  watching the move Thomas Crown Affair when I was on the stair master and the lead female ( Rene Russo) character was born and raised in Lima Ohio... how random is that.

Granted, the above is an exaggerated and unlikely scenario, but illustrates the simplicity and {one of the} limitations of CAP.

Check in Homedepot the boxes of the wax ring and some will illustrate it.

One area that illustrates this is Poble Sec.

It really illustrates the key differences between stocks and bonds.

8,400/.07=$120,000 This is a bit over simplified as its really not looking at remodel work you'd likely want to do and other expenses, but I'm illustrating why investors care about upside in rents.

If you give me the dimensions of the kitchen/living room and a rough floorplan drawing I could whip you up a 3d design pretty quickly illustrating what I'm talking about.