Cash-on-Cash

[Tyler Kaul]

So I am actively looking at 2 and 3 unit properties and running numbers on them. A buddy and myself created a spreadsheet to quickly do this and we included a monthly Cas-On-Cash section. I am familiar with what it is but not really sure what a typical % for this is. I understand that this is more than likely subjective but I was wondering if there is a target range someone should be looking for. I am looking in the Denver area and wondering if anyone has any "rules of thumb" for what a monthly cash-on-cash should look like percentage wise.