Cash on cash return goals

[Tyler Williams]

I'm interested to know the current cash on cash ROI goals for BP members when investing in small multi family properties.

Currently I shoot for 8-10% including vacancy, capital expenditures/repairs, taxes, mortgages and property management.

I’d love to hear what those who are interested are looking for right now!

[Marc Rice]

@Tyler Williams

8-12% is around the range in the Midwest. I'm hot markets like Columbus, it's getting tough to even get 10% CoC in C class neighborhoods just because it's becoming so hot and competitive. I think budgeting for 8% will eventually lead to 10% as rents increase over time and your systems become more lean.