5 Cap House in East Oakland

manch · June 9, 2016, 3:03am

I am still scared of East Oakland. But the math is compelling:

Net rental income: $18,584

Price: $349,500

Net income / Price = 5.32%

Now you know where to find 5-cap houses in the Bay Area.

Terri · June 9, 2016, 4:52am

What is a 5-cap?

manch · June 9, 2016, 5:19am

Cap rate > 5%

Terri · June 9, 2016, 5:29am

Ahh thanks!

manch · June 9, 2016, 6:02am

I did not know 5-cap is possible in the Bay Area. Good to know it’s alive and well…