Sentences with phrase «comps on cap rates»

2) As mentioned by me and Bob Bowling before he was kicked off for arguing such things, you will not find accurate comps on CAP rates for properties below 4 units so it is a worthless metric for establishing market value.

Not exact matches

1) I see folks on BP preying on newbies (mostly out of state) all the time trying to use pro-forma based CAP rates on SFRs to show what a great deal the property is, so yes incorrectly using them to comp properties is suggested and happens every single day.

I only pay attention to cap rate on multi families, not SFR, simply because those are sold based on comps, so no one is gonna sell to me just because my cap rate says their value should be «X,» and there's no means to find out what the average cap rate is for SFR's, since it isn't a metric commonly associated w / SFR's, at least in my experience.

During our company's due diligence, we obtain comps on similar properties comparing Cap Rates, Price Per Square Foot, and the Current Tenant Rent Rates to what the current market will bear.