I have reviewed the forums and evidently am slow because I simply am not comprehending Cap Rate and the value of using it as a tool.

The property is currently showing a cap rate of just over 10% for 0 vacancy.

In practice, this means a cap of $40 - $50 before the Tenant could contact the Rentalsman and claim we were being unreasonably heavy-handed.

Both markets have been great, but inventory is definitely thinning out.I like Cleveland because I can still find 15 caps and better, and it's a good rental market with well run buildings easily running at 90%+ occupancy.

I am into it for about $19K, have cash on cash return of 23% and CAP rate of 13%.

You can find fully performing at a 9 to 10 cap in good areas.

Please be aware all caps is shouting.

Obvious plus to leverage is that we’ll increase our Cap Rate using relatively low interest rates; however we’ll lower our cash flow.

The kind of guy that misses his lunch in order to go by a property and take pictures for you.Go back to basics regarding cap rate and cash flow.  

I found a great property with good income but bad cap rate for the location.