What COC return do you require?

[Tandi H.]

We just offered 280k on a listed 299k triplex, they countered with 295k, we didn't budge, the deal cancelled...

Just ran the numbers at 295k, to see if we should have offered higher, and it's 13.24% COC return. I feel like we can get 10% with passive investments, and was shooting for 15% with active rental units...what is your minimum COC return? Wondering if we made a mistake with this one by not being willing to move on price.