Including PMI to Cash on Cash return
Hi! New BP member here and over all new to real estate investing
So for the last week I've been familiarizing with the expenses involved in buying a rental property and while watching tutorials I notice that they almost never add PMI to the list of expenses. I just assume they are putting 20% down
My question is should I analyze a property without taking into account the PMI, since I will not be paying this forever,or should the cash on cash return be in the 10-12% range with the PMI integrated into the equation in order to take the deal?