Limited rental cash flow in Ottawa / Canada ?

Question

Hi guys, I’m new to rental real estate. Is it just me, or is it hard to find properties in Canada especially Ottawa that don’t meet the 2% rule or cash on cash ROI due to high prices and expenses ? US cities properties do benefit from scale as compared.

Chris Habets · Answer

@Khurram Mirza you'll never hit the two percent rule. You'll be lucky to hit one percent. My duplex is at 0.75% of value, and cashflows fine.

Patrick Archer · Answer

You won’t find the 2% rule. You’ll want to look at other metrics when evaluating a property. I use cap rate and location as my initial screening.

Limited rental cash flow in Ottawa / Canada ?

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