what a good cap rate for investment property

[McJasper]

A "good" cap rate for an investment property is subjective and depends on your goals, risk tolerance, and market conditions, but generally ranges from 4% to 10%, with lower rates (4-6%) suggesting lower risk and higher rates (7-10%) suggesting higher risk and potential for higher returns. A cap rate is calculated by dividing the property's net operating income by its market value.