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Real Estate Deal Analysis & Advice
HomeForumsReal Estate Deal Analysis & AdviceReasonable Cap Rate in Camden New Jersey
Graylind Wherry's profile image
Graylind Wherry's profile image
Graylind Wherry
  • Wholesaler
  • from North Hollywood, California
  • Member since May 16, 2016
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Graylind Wherry's profile image
Graylind Wherry's profile image
Graylind Wherry
  • Wholesaler
  • from North Hollywood, California
  • Member since May 16, 2016
Connect
Graylind Wherry
  • Wholesaler
  • North Hollywood, CA
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Real Estate Deal Analysis & Advice

Reasonable Cap Rate in Camden New Jersey

Graylind Wherry
  • Wholesaler
  • North Hollywood, CA
Posted Oct 24 2016, 11:37

Hello, I have a duplex in Camden NJ that has recently been renovated and is fully rented. My property manager has suggested an unrealistically low price based on limited comps of duplexes in the area.  I would prefer to price based on the income approach using a reasonable cap rate.  What is a reasonable cap rate for Camden NJ?

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