Updated over 1 year ago on . Most recent reply
Cash on Cash Return for Fourplex Question
Hello all, I am newer to the BP community and recently just kicked off my journey as a real estate agent in SW Montana. I have always been interested in real estate investing and want to get into my first deal and get some first-hand experience to relay to clients.
Long story short, looking at a Fourplex that would provide around a 5% COC return in my area given my financials/situation (Gallatin County). Is this a good starting point? Property needs some fixing, but I think has potential (especially in our highly inflated housing market). Thoughts??