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Updated over 6 years ago,
What is a good COC% for New Investor
Hello Everyone,
I am just starting out and looking into buying small multifamily properties. I found a potential property in Arlington Texas that I could use the BRRR method, however after putting aside for, maintenance, vacancy, and capex I only come out with 5.65% COC. Is that a good percentage if not, what percentage should a newbie be aiming for.
Thank you in advance!