Only family friendly park in the best school district in the area. 12 cap in California. 45 spaces.

I know a seller in south suburbs who has properties to sell with avg 15% or more cap rate, all properties already rented for immediate cash flow..PM me if interested.

The best market throughout the US with the lowest active management costs, trending upwards for employment and population growth, low property taxes and insurance and high rent by ratio with high cap rate would have to be Jacksonville, FL.

Cap ex should be a bit less per door.

That's when you need to compare income to expenses and money cost and figure out the cap rate, etc.   

The only catch is the HOA is $260 a month plus $65 hazard insurance plus $200 cap for utilities water and lights, internet comes in HOA dues.

Cap rates vary by neighborhood and region. 

Then it is prorated for the time you've lived there.  0, 15, or 20% cap gain plus depreciation recapture.  

What does the cap rate tell you?  

@Ahmad Hijazi  for me I am at the twilight of my ownership in rentals only have 5 left out of 350 + houses.for cap ex for someone who does not have significant reserves I think this is critical...