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Average capitalization rate in North Cowichan, British Columbia, Canada

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Capitalization rate description

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.

$\text{Cap Rate} = \frac{\text{Annual Rental Income} - \text{Annual Expenses}}{\text{Total Purchase Price}}$

A higher cap rate suggests a potentially more profitable investment, though it should be considered alongside other financial metrics.

Average capitalization rate for residential properties in North Cowichan

MedianMeanMode
6.5%
7.0%
-

Average capitalization rate for residential for communities in North Cowichan

LocationMedianMeanMode
Chemainus
6.5%
6.5%
-
Haycroft Chase
7.5%
7.2%
-
North Cowichan
6.8%
7.7%
-
Unknown
6.5%
7.0%
-

All communities in North Cowichan