Financial Measures

[Josh V.]

For those that buy and hold single family I am looking for input on two questions in regards to financial measures.

1.  What are some of the key financial measures you look at when buying and what is your target number with that?

2.  When it comes to cash flow I understand that cash on cash return is important but do you ever buy a house with less cash on cash return knowing that you are going to have more equity right off the bat.  Ex. just over $200 cash flow per month, list price $129k, estimated updates 5-10k, comps for the house are all around 150k, cash on cash return would be 6-8%

What are others opinions?