Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 8 months ago on . Most recent reply

User Stats

66
Posts
22
Votes
Marcos De la Cruz
  • Investor
  • Huntington Beach, CA
22
Votes |
66
Posts

What cap rate, etc should I aim for?

Marcos De la Cruz
  • Investor
  • Huntington Beach, CA
Posted

Hello, I'm considering buying a duplex in Ft Wayne. 

I'm wondering what cap rate, COC return, IRR, etc I should try to get.

Thanks.

Most Popular Reply

User Stats

3,991
Posts
5,708
Votes
Greg Scott
  • Rental Property Investor
  • SE Michigan
5,708
Votes |
3,991
Posts
Greg Scott
  • Rental Property Investor
  • SE Michigan
Replied

Cap Rate is a term only relevant to commercial properties.  You can ignore it on a duplex.  It is meaningless. 

IRR is a term used by people selling an investment to others. You can try to calculate that, but it isn't important unless your guesses are correct.

That leaves you with CoC. Figure out what is a meaningful return to you.

  • Greg Scott
  • Loading replies...