Rochester, NY Coc Returns

[David Stott]

Hi everyone, i'm contemplating a deal in Rochester and wondering what the Rochester, NY or Upstate/WNY members think of an estimated 19% cash on cash return (which includes operating expenses of taxes, insurance, utilities, a maintenance reserve, and 10% prop mgt fees)? I've seen some posts where investors won't touch anything unless it's over 25%, but i'm somewhat new and don't invest full time - although this deal would definitely push me closer.

Thanks!