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Frank Nowicki
  • Rental Property Investor
  • Buffalo, NY
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Cap rate percentage ?

Frank Nowicki
  • Rental Property Investor
  • Buffalo, NY
Posted Aug 18 2020, 16:13

Hi, just wondering when I look at a listing on Zillow it will sometimes say in the description 12% cap rate (or some other percentage). What do they mean by cap rate? How is “cap rate” determined? And what is a good “cap rate” percentage? Thanks!

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