Multi-Family Deal Analysis Help!

[Evan Murray]

Hey Guys, To give you some background about me, I'm a 5 years real estate investor of 4 single family homes in 3 different Canadian markets all of which are cash flow positive of $750-1200/month CAD (Im Canadian :)). I want to move towards multi-family homes (duplex/triplex or 4plex) and would love to know the target metrics you look for in multi-family (i.e. ideal cap rates, preferred cash on cash percentages, Payback period, ROI).

I am familiar with the 1% rule, but I have really just been lucky with getting cash flow with the properties I own and I really want to make sure Im prepared when I step up my investing game in this wonderful world of real estate