What is a realistic turnkey property yield

[Gary Dezoysa]

Hi,

I'm comparing performing note investing against turnkey properties in higher cash flowing areas (most likely the Midwest). I need to be very hands off as I am out of country.

What is a realistic cash on cash return range for turnkey property investments?

Thanks

[Paul Cleveland]

Have you considered looking at Real Estate Investment Trusts (REIT)? You could get similar or possibly better returns. Some have 10% or better returns and if you use margin to leverage your money, you could be getting well over 10%.