Cap rate
hi
I bought a property in Atlanta area 5 years ago
Price 40k
Noi =7k
Cap rate = 17.5 percent
Question: property is now paid off
Can I think and articulate , saying cap rate is now 100 percent??
hi
I bought a property in Atlanta area 5 years ago
Price 40k
Noi =7k
Cap rate = 17.5 percent
Question: property is now paid off
Can I think and articulate , saying cap rate is now 100 percent??