I’m going to receive an inheritance in the next couple of years, likely sooner than later and was thinking about 1 or two more rentals.
I’m seeing a cap rate of 6.3% which still works for me but it’s inland and relatively new. My wife says, why mess with it, we already have 6 and she thinks that’s enough.
ROE with variable rate would be about 10.9%. With fixed rate 5.3%.
Decisions, decisions.
