Updated almost 8 years ago on . Most recent reply
Realistic return in Tacoma Olympia markets
Is it reasonable to expect a 7% cash-on-cash return in these markets? Looking at an investment of $1.2M so a smaller building.
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7% is doable, but you've got to know where to look. I see Tacoma as a long-term play. It's got a TON of new infrastructure going in over the next few years that will stabilize the city even if the area as a whole continues to cool off. I think it's a good place to get a bit of cash flow and appreciation without making a huge gamble like a lot of the folks 30 miles north are doing!