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A percentage that shows the potential annual return on a real estate investment based on the property's income.
The cap rate helps investors quickly assess and compare the profitability of different property investments.
A higher cap rate suggests a potentially more profitable investment, though it should be considered alongside other financial metrics.
Median | Mean | Mode |
---|---|---|
7.3% | 6.8% | - |
Location | Median | Mean | Mode |
---|---|---|---|
Fort Liard | 8.4% | 9.2% | - |
Inuvik | 8.4% | 8.4% | - |
Fort Simpson | 8.0% | 8.0% | - |
Aklavik | 7.1% | 7.1% | - |
Tulita | 8.5% | 8.5% | - |
Yellowknife | 6.5% | 6.5% | - |
Fort Smith | 8.6% | 8.8% | - |
Tsiigehtchic | 7.3% | 7.7% | - |
Tuktoyaktuk | 8.3% | 8.3% | - |
Fort Mcpherson | 7.1% | 7.1% | - |