What's your target cap rate?

[Charlie MacPherson]

I'm a new member here and a Realtor.  I have a 2 family duplex that I've listed and can promote it as a 1st time buyer, owner occupied or to investors as a buy and rent.

Using conservative income and expense figures, I come up with an 8% cap rate for a buy and rent.

Am I in the right ballpark for investors?

Thanks for any opinions!