Single-family rental investors struggle to make money in California

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Single-family rental investors struggle to make money in California

Rising home prices, low inventory and high demand are all working together in California to create seven of the top 10 worst markets to invest in single-family rentals.

A list released by HomeUnion, an online residential real estate investment management firm, analyzes first-year SFR returns, or cap rates, in each market. The cap rate is the relationship between an investment property’s net operating income, rents less expenses, and the market value of the property.

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