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Updated about 8 years ago, 12/22/2016
Columbus, OH Target Return
Curious to check my target rate of return with other investors in Columbus, OH on buy and hold properties. Assuming rental income of $700 - $850 per unit within multi-families and roughly $1,500 in 3 bedroom / 2 bath SFR - I am targeting 10-15% cash on cash returns with cap rates of 7-9% as well. Does this align with other investors' targets and thoughts on achieving this in current market conditions? Thanks in advance.