Is it possible to get 16% Cash on Cash return in South Florida

Is it possible to get 16% Cash on Cash return in South Florida

Rental Property Investor · New York City · Member since 2017 · 34 posts · 30 votes

I'm looking to purchase my first investment property. I'm partial to south Florida because its an easy flight from NYC. I am primarily looking at properties in Miami in the $315k range, preferably homes.  any insights would be helpful. 

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  • Investor · Cape Coral, FL · Member since 2019 · 135 posts · 41 votes
    7y

    @Keon Garraway - as in any market you may be able to find a deal on the MLS in the right situation, but to get the best return you should look for off market deals or create your own.

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