Difference in cash-on-cash between single and multi-family.

[Griffen Angel]

Hi All,

I'm getting started with investing and I'm curious as to what the expected difference would be for cash-on-cash between a typical single-family home and multi-family property. By multi-family, I'm referring more to duplexes, triplexes and fourplexes, as opposed to larger apartment-style properties

My understanding is that 8-12% cash on cash is considered standard or good, but is this more for SF or MF, or does it include both? Or would you guys think an entirely different range is more typical? It seems that many of the multifamily properties I've seen on MLS and Zillow have similar cash-on-cash to single family homes (based on my projections using rentometer.com or already stated rents). Am I just not looking at the right properties? Am I not calculating this correctly? For reference, I've looked at MF properties in Charlotte, Cleveland, Jacksonville and a few other markets.

Thanks in advance for any input.