Help me evaluate this deal. CAP 5.0

[Ajaya A.]

Folks

In Oakland by Lake Merit(1 mile), would you do this? 

MultiUnit

LTV: 55%

CAP: 5.0

COC: 4%

The huge downpayment is scaring me.  Rent controlled property and most of the units are at or near 15% of market.  So rental upside is not super huge.

Please be gentle.  Light on investment knowledge here.

AJ

[Calvin Kwan]

Think you might need to provide more details.  What are the rents?  Make up of the units?  How many units?  Price of the property, etc.