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Updated almost 5 years ago,
Spokane, WA Rental Property Cash Flow & CoC Return
Hello!
I recently started researching the Spokane area and was hoping that some more experienced & intelligent investors than I, could help provide some insight. I am looking to buy a single family or small multi-family (1-4 units) rental property primarily for cash flow and long term appreciation. I intend to purchase with 20% down and trying to stay under 250K - 300K.
On average, what kind of Cash-on-Cash return can you expect in the Spokane area and what cash flow per-unit per-month should I be aiming for?