MR = monthly rent income, P = purchase price
no, it refers to P/MR< 100 or MR/P > 1%
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so it is a 延伸 of cap rate
-万枫-
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08/02/2009 postreply
11:03:00
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it is 12% cap rate if you define the income the same way
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08/02/2009 postreply
11:06:54