What kind of cash on cash return are you landlords/multifam buyers looking for these days?

[Ibrahim Hughes]

For those that actually use the CoC rate of return to gauge properties. Thanks in advance.

[Nathan Emmert]

I target 15% as I used the MLS and FSBO... but now that I'm doing 100% financing, it's much higher :) I'm currently generating about $14,000 ($1,300 a month) a year on my $40,000 investment with another cash flowing property to close in a few more weeks and 4 other offers out. Not bad for 6 months of work :)