TSX:REI.UN - Post by User
Post by
canadianon Jun 27, 2024 8:12pm
105 Views
Post# 36110000
Too good stock.
Too good stock.Current cap rate 6.5%+
40%+ difference in market rents. Cap rate will increase to around 9% after renewals in next few years.
Current mortgage interest rate for renewals is around 5%.
Debt less than 50%
9%+ dividend yield. No tax (ROC)
Hope it stays low for longer.