Cash on Cash Return - Massachusetts

[Taneesha P.]

Hi Team!

Newbie here!  Question for the group, does the 12% or higher cash on cash rule apply to all homes no matter what state you are in or if you are in a state where the cost of housing is much higher, should there be another cash on cash return I should be after?

I am analyzing a deal in the Worcester area. I have looked at many videos on BP trying to ensure I have a deal and that I am obtaining the rule of thumb which is that my cash on cash return is at least 12%, I have analyzed a few deals using the BP calculator and although each home I am analyzing the CoC return is much higher than 12% which should be great, it has me overthinking if my inputs are correct. Here is an example...