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re: Renting instead of selling

Posted on 3/12/13 at 11:40 am to
Posted by Motorboat
At the camp
Member since Oct 2007
22763 posts
Posted on 3/12/13 at 11:40 am to
quote:

At least 10%, after all expenses.


I'd say more like 20%, but YMMV
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73805 posts
Posted on 3/14/13 at 1:38 pm to
quote:

I'd say more like 20%, but YMMV



most savvy investors require a MINIMUM of a 12% cash on cash return the first year with a CAP RATE of around 10+ (of course this cap rate can be hard to do in some instances due to certain factors).
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