Potential Cash on Cash Returns in today's market

[Michael Naples]

Hi - on today's MLS market I am finding a lot of 6% or 7% CoC returns for single-family or duplex homes. Curious as to what the broader investors think of these returns given today's interest rates?

[Melissa Nash]

Quote from @Michael Naples:

Quote from @Melissa Nash:

Quote from @Michael Naples:

Hi - on today's MLS market I am finding a lot of 6% or 7% CoC returns for single-family or duplex homes. Curious as to what the broader investors think of these returns given today's interest rates?

I think you are summing up all of the markets into 1. Which markets are you looking at? There are a lot of linear markets in the US and there are a lot of high growth markets. Also what type of areas? A/B/C Class area affect your returns.  I am getting 10-15% cash on cash in linear markets like Memphis or areas of Ohio with current mortgage rates. This is for B class areas. 

Great point. I am in B Class neighborhoods as well. Is this 10-15% for 'Buy and Hold' Strategies or 'STR,' etc?

 Buy and hold turnkey. I am hitting B class + renovated + professionally managed 10-15% all day long.