cash on cash return

[Phil Teague]

What is considered a good cash on cash return?

[Vinit N.]

It depends on the market and the location. I usually purchase in high desirable areas, where the properties tend to be a bit expensive, however I can avoid vacancy costs. I've had 0 vacancies across all of my properties for the last 6 years.

That being said, 10% COC is what I look for.