How to Calculate the Cap Rate of a Department Complex

Joel: So you guys are saying that on these department complexes, instead of estimating 50 % of your expenses, like the 50 % roll would say, youre gong t your gang, actually increase that up to 60%. Orit got it. And aso i found that pretty trure to my apartment plex. It's 24 units, and that's exactly what it is. It runs right about 60 percent total coeips a uitern. Joel: If this property was listed at a hundred thousand, and the average cap righte in the area was ten, i would say, no, this property isn't worth a hundred. This is worth 76 thousand 800.

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