Low housing market increase: I need feedback

[Michelle Terelak]

Hi all,

I am a brand spanking babies bottom investor.  I am looking at my first triplex and need your feedback.  I analyzed the job market and population and they are both holding steady where I am looking.  My concern is that I looked at the market growth of this area and it's very small. The housing market went up 3% in 2020.  I feel that's small compared to the city I'm in that had a 10% increase.  The cash on cash return is 9.67%.  It generates $150 a door.  My question is, do you feel that the low housing market increase is a reason to not move forward with them home?