This can be a benefit to borrowers (hard money lender requiring zero seasoning period) or a detriment (choosing to cap LTVs for properties owned less than 5 years).

I don't know the going cap rate in your area but if a $110,000 property can achieve an 8 cap you have NOI of $8,800.

and what are good numbers as far as COC , cap rate ect... 

If a cohost is taking 20% then this place would only cash flow 221$ per month after vacancy, cap ex, and maintenance.  

To correctly use a cap rate you would get cap rate comps for sales of comparable properties. 

I use CAP rate as a quick indicator of if a property is worth it.  

Also, a great nugget I heard on the BP podcast this week (I'm working my way through all 600+ episodes and currently in the mid 200's) regarding analysis: we get hung up on numbers like CoC returns, cap rates, 1% rule etc and look at those as absolutes.

To take this one step further, let's take another hypothetical where i have suspended PAL for an investment asset that I dispose and 1031 to defer cap gains and dep recapture.

However, you'd probably want to cap it at 80% LTV to get rid of PMI. 

Are you going to buy a 2% cap rate multi in san fran if you can get 6% on a c.d.?