Updated about 12 years ago on . Most recent reply
what is your cash on cash return on rental properties?
I am in the process of buying my first rental property in Ypsilanti, Michigan and after putting in my offers, if one of them do go through I will be hitting 40% annual return and this is a 3 bedroom with $1100 rent, tenant pays utilities, I take care of repairs, insurance and property taxes. How is everyone else doing as far as returns annually? Thanks