Rental property near San Antonio Medical Center

[Julian John]

I am analyzing a deal near the San Antonio Medical Center. The area is great for rentals as its 1 mile away from USAA and the South Texas Medical Center. However on analysis, since the prices have gone up in a year I am seeing only 5% Cash on Cash Return. The property is kinda turn key with the roof and flooring replaced. I would like to know whether this is a good investment since I am seeing a good appreciation for the properties in this area.