What Cash on Cash ROI are you seeking with rentals?

3 Replies

@Lloyd Silver I’m looking for 10%+ in Central Florida (Orange County & Brevard County) and Jacksonville. I’m factoring in down payment + closing costs + rehab costs versus 12 months of cash flow with capex/repairs/vacancy set aside.

10% has been my number as well although not sure if that's high enough in this environment. On the other hand, almost every offer price I see brings a cash on cash return in the 6 to 8 percent range.