Market appreciation is something you cannot control or even predict that well whereas cash-flow is much more controllable based on how you manage the property. 2.

Even after 01/01/2017 I believe they will have yet another rate increase of about 10-15% above the usual inflationary increase of 3-5% as they set these rates in 2012 trying to predict what is sound in 2017. 

In fact, after about six months things settled down and got more predictable.

Hard to predict, but certainly a consideration when looking at NNN eases today.

That being said there is no accurate way to predict what the rates will be.

So although they buy at a low cap, once turned over its a much higher cap.Appreciation is hard to predict and not normally something I factor in with significant weight.

As a bookkeeper who specializes in Real Estate, I often find it convoluted to predict the depreciation in Quickbooks monthly.

All NNN leases and predictable CAM except this past year we had to reseal and stripe the parking lot for the first time.

About predicting interest rates, https://www.chathamfinancial.com/is one of those financial websites that give you the Vegas odds... that said they have missed the mark a few times, especially on the magnitude of rate hikes.

However, they are likely to be applicable in other locations as well.Before I talk about specifics, I want to explain the importance of cash flow.All return calculations predict is how a property is likely to perform under ideal conditions on day one.