Cash on cash return expectation

[Victoria S.]

We started investing in duplexes last year and now have 13 units. This year we are having a hard time finding decent deals. If the price is right, it goes very quickly. Other times, the duplexes are priced too high. So we are trying to adjust our expectations based on the market. We started out wanting at least 10% CoC in class B properties (so far we have gotten thus return) with great school districts. Now we are wondering if 8% should be our goal because the market is too hot.