ilmscore | Prediction Details
"I take this noi number this monthly noi multiply by 12 so now you have an annual noi number this is how much profit you expect to make again if you're using debt we'll talk about that in just a second but this is how much profit you expect the property to make over the year and then you divide that by the price of the property and this will give you something called the cap rate or the return on your property and if that number is high enough well then that's a good deal for you if it's if it's not high enough then you want to keep looking"
By Minority Mindset | April 21, 2024 | Pending
From video
MASTERCLASS: How To Go From $0 To Millionaire - Investing For Beginners 01:37:00 - 01:37:26
Interpreted Prediction
The capitalization rate (cap rate) is calculated by dividing the annual net operating income (NOI) by the property price, and a rate above 7% is considered a good deal by the speaker.

Prediction Details

Topic
Real Estate Deal Analysis

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