California has the lowest cap rates in the country

A study done by GlobeST about single family home rentals across the counry.  Tennessee was the highest at 7.3% whereas California has the lowest cap rates in the country with San Francisco and San Jose at the bottom with 2.7%.

More info here--
http://journal.firsttuesday.us/california-has-the-lowest-sfr-cap-rates-in-the-nation/52061/

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