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Updated over 10 years ago on . Most recent reply

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Steve Olafson
  • Scottsdale, AZ
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Ken P.
  • Rental Property Investor
  • Northville, MI
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Ken P.
  • Rental Property Investor
  • Northville, MI
Replied

Average cap rate of 6%?!  We bought at 12% in suburban metro Detroit, would be great if the market recovery (and our renovations) get the cap rate to 8% when we're ready to sell.

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