Posted by David Krulac on February 12, 2002 at 17:40:15:
not sure what a double block is but it must be a semi-detached house/duplex? for SFH and small units cap rate does not always work as many potential buyers are not strictly investors.
the rent should cover all expenses plus maintenance and vacancy as well as providing to you an “acceptable” cash flow or profit. What is acceptable to you may not be acceptable to someone else.
David Krulac