What is your rent rate versus mortgage payments?

For example, we discussed the interest rate, looking for good terms that fit with our long-term financial plan.

In every sector of [commercial] real estate, not just office, because of the 500 basis point increase in rates that was vertical.”

Your cap rate on PP is 9.6%, which is pretty good, if we are talking major metro, strong location, quality tenant base. 

What is a good target interest rate and terms?

We are choosing new build because A) our family 4 has a certain size demand B)  the price-quality ratio doesn't seem to make sense when considering a preexisting home C) with interest rates being at near 8% with preexisting homes, builders are offering 5.99% interest rates and the exact home we are looking at is about $75K discounted because it's a spec home and the builder doesn't want to pay taxes on it.So, live in it for 5-6 years hopefully rent it out with a fully finished basement for potentially $4,200 in 5-6 years.

Even more so if the owner will offer a generous interest rate.

Meanwhile, sellers—who are often buyers themselves—responded to rising mortgage rates with some caution.

If the other options fail, that allows you to keep the 3% and only pay the higher rate on the repair in the meantime.

A high yield or higher than average interest rate would be ideal but that is my main concern.Thanks