Is this a good Buy and Hold Deal?

[Bobby Jobs]

Eastpointe, MI-48021

ARV: $72K

Asking Price: $52K

Repairs: $2.5K

Rent: $950 per month

What do you think?

[Wendell De Guzman]

@Account Closed , you are right - 11% cap does not by itself mean anything. It has to be taken into the context of what's going on in the market. The OP did not really provide enough information. The 11% calculation is only theoretical after making assumptions (read my reply again). Lastly, saying 11% cap is not bad - does not mean it's a good deal. It's just a starting point.