What return do you need if you're paying all cash for rental

[Nick Brown]

Hi all,

Quick question - in the Fort Lauderdale market, what return would you need to see from a rental property if you were paying all cash for it?

Reason for the question is because I have a potential wholesale deal pending, but it does not fit the mold for a fix and flip whatsoever. Obviously in order to wholesale this I need my end buyer to pay all cash so I'm wondering what return would make that worthwhile.

Thanks,

Nick