I was wondering when building your buy and hold investment properties, what sort of numbers do many of you typically look for with the deals?
I am specifically talking about cash on cash and cash flow per unit.
A duplex I am evaluating will create an expected $195 monthly cash flow per unit or $390 for the building. An expected 14% cash on cash return.
I know it is all personal about what you are willing to accept, but I was just curious what others are looking for with their deals. I need a sanity check as to whether my expectations are set too high or aren't high enough.
Thanks in advance for the responses!
Updated over 3 years ago
BTW. These are duplexes in the Milwaukee Wi area