Updated over 7 years ago on . Most recent reply
Help me evaluate this deal. CAP 5.0
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
Most Popular Reply

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.