Hi All,I'm looking at a self storage listing that is listed for $5,000,000. The listing says NOI is $212,509 and their cap rate is 5.Using the income approach, wouldn't $212,509/5 cap equal a property value of $42,501...

Anyone have experience with wholesaling a mobile home? What paperwork is leveraged to make sure all critical details are covered. 
Please advise

Thanks,
Mark

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $520,000

Cash invested: $6,000

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