Here are my estimated numbers:$5,000 capital improvement$50/mth or $600/year in additional cashflow$50/mth or $600/year in reduced gas billCash-on-cash return of 24% ($1200/$5000) Appreciation based on 8% cap rate is an additional $15kMy question is this: Why is no one making this upgrade/conversion?

Cap Rate if phenomenal with total rent a month for $3200 monthly. 

When was the last time we heard a podcast where the guest or host described how a recent deal worked where the cap rate is lower than the interest rate? 

I used $11,000 for repairs/cap. expense and get about a 9.5 cap.

Just make sure to sell it within the time limits to not have to pay cap gains!

The numbers look decent, with an estimated cap rate at 15% and monthly net profits at about $700.

It's a little confusing when this duplex was built....2007 or 1950, and it makes a difference because housing built in the last 15 years is exempt from the new AB1482 bill (rent cap/just cause law). 

For instance, say the value to sell is $500k, and the potential 10 year NNN lease rate is $5k/mo, making it a 12% cap rate.

CAP rate, CoC Return, etc.I’m sure it’s area and/or property type dependent, but with the state of the market as a whole, what do you consider good targets for the metrics you use?

I know that you have to take the noi and divide it by the cap rate, but is there another way?