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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstatePricing a turnkey property in Michigan
Bryan H.'s profile image
Bryan H.'s profile image
Bryan H.
  • Investor
  • from Willow Spring, NC
  • Member since Feb 1, 2013
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Bryan H.'s profile image
Bryan H.'s profile image
Bryan H.
  • Investor
  • from Willow Spring, NC
  • Member since Feb 1, 2013
Connect
Bryan H.
  • Investor
  • Willow Spring, NC
283
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788
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Buying & Selling Real Estate

Pricing a turnkey property in Michigan

Bryan H.
  • Investor
  • Willow Spring, NC
Posted Aug 8 2013, 12:48

I'm contemplating selling a SFH I have in Michigan and using the money to put down on larger/additional properties. I have checked out a few of the turnkey providers that post on here and see CAP rates listed between 8-14% for a property depending on the area.

Can anyone suggest an appropriate CAP rate for SE Michigan? I'm interested in how I would price mine for sale.

Thanks

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