This is one of my favorite features of Bigger Pockets especially for asking specific questions.

This is one of my favorite features of Bigger Pockets especially for asking specific questions.

Insurance has a $2500 cap on mold mitigation (since the estimate yesterday JUST for mold is over $8100, trying to see if we can increase that number going forward).  

This is one of my favorite features of Bigger Pockets especially for asking specific questions.

This is one of my favorite features of Bigger Pockets especially for asking specific questions.

I've also found that the data can be a bit "hit or miss" (sometimes it's a bit outdated), depending on the county you're targeting, and this can definitely present some problems when it comes to direct mail campaigns.Luckily, they just added a feature that tells you which counties are covered and how current the data is (it literally shows the exact date it was last updated).

I was curious of what educated and experienced investors felt were baseline Cap Rates in Olney, University City, Francisville and Kensington.  

I received some comps for the area and calculated the average CAP rate to be 8.2%. 

This is one of my favorite features of Bigger Pockets especially for asking specific questions.

Purchase Info Square Feet (2 Units) 2,492 List Price $189,900 Purchase Price $171,750 Initial Cash Invested (down+cc) $51,340  Income Analysis Monthly Annual Net Operating Income $1,171/mo   $14,047/yr Cash Flow $527/mo  $6,330/yr Financial Metrics Cap Rate (Purchase Price) 8.2% Cash on Cash Return (Year 1) 12.3% Does this seem like a decent deal?