Cap Rate on a Duplex in Toledo OH?
Hi All, I'm looking at a duplex in the 43613 (west toledo) area code. The seller may finance the deal so I'm putting together a bid. I don't see many comps in the area that have sold recently so I'm struggling to figure out what a normal cap rate might be for a duplex in that area. Can anyone help with their thoughts on what a reasonable cap rate might be for a duplex in West Toledo?