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Updated almost 4 years ago on . Most recent reply

User Stats

65
Posts
13
Votes
Yashar Fred
  • San Antonio, TX
13
Votes |
65
Posts

First time real estate investor - help with expectation

Yashar Fred
  • San Antonio, TX
Posted

I am looking for a multi family property in San Antonio TX now for a couple months , I am using bigger pockets.com calculator to calculate CoCROI and cash flow, I am aiming 10% CoCROI the first year, is this too high a ROI to find ? What ROI and cash flow is everyone looking for ?

Thank you in advance 

Most Popular Reply

User Stats

335
Posts
263
Votes
Harrison Sharp
  • Real Estate Broker
  • DFW
263
Votes |
335
Posts
Harrison Sharp
  • Real Estate Broker
  • DFW
Replied

You probably aren't finding 10% COC in any major texas metro... Those days are long gone in any city that many investors are looking to buy in. You should be able to hit 4-6% in SA if you find a good deal.

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