Whats the min profit you wuld take on a multifamily?

[Martha Daisley]

Hi guys

Im evaluating a multifamily deal right now. Ive always done residential loans. This is my first time attempting to do a commercial loan. For a 6plex multifamily, what is the min net profit you would expect to get per month to make it worth the effort?  On my re residentials, i like to get at least $400 to $500 a month in net profit per month in order for it to be worth my while. So for a multi, what is the min you would take or what is a "normal ballpark" amount that would be considered a good return?

thanks!

Martha