Hey BP,I am looking at 5-plex opportunity deal and was hoping for a little insight on cap rates there.The property located in 35204 zip code.Does anyone happen to know what average cap rates are at right now in that area?

Hey BP, I am looking at 5-plex opportunity deal and was hoping for a little insight on cap rates there.The property located in  35204 zip code.

This property is located in Lafayette, IN. 

The location would be Northern California within 100 miles of Bay Area?

Additionally, talking to local residents and checking crime statistics for precise locations within the zip code can provide more detailed insights.If you have any other questions or just want to discuss further please feel free to message me.

The Rent-to-Value Ratio, a critical metric where monthly rent divided by purchase price should ideally exceed 1% for sustainable cash flow post-expenses. 

Rent would be 1295-1395/mo.Appreciate everyone's help!

Whatever rent income/expense we receive/incur, is it split the same % as well?

Because of language in a "homemade" lease the landlord had to pay back all the rent they have received over the entire tenancy.

I'm considering selling a single-family house we've own and rented for almost 5 years.