The Importance of Cap Rates

The lower the cap rate, the more expensive the property is to buy because it's an inverse equation. So if I had an 8% cap rate, that would give me on $100,000, that would given me $8,000 a year, right? Right. Okay, so in using the numbers, I'm gonna actually take a little higher cap rate just so that the numbers are easier, because I know the math.