Rent-to-Income Ratio

@hanera and @myo are charging too low rent. Austin only 19%. SF and SJ tie at 38%. Oakland 31%. Seattle 25%.

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Actual rent2income,

Pflugerville rental, 31%
Avery Ranch rental, 25%
78759 rental, 13%

The nearer to job center, the lower the rent2income and cap rate.

SV rental, rent2income = 44%

Philadelphia is not on the coast…Invested there and regreted it…

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What is the cap rate each place?

Pflugerville rental, 5.5%
Avery Ranch rental, 4.5%
78759 rental, 4.75%

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https://www.bisnow.com/san-francisco/news/multifamily/bay-areans-spending-over-11k-more-on-rents-each-year-than-before-recession-82203