What kinds of ROI for year one and year two do you look for?

[Zachary Pauls]

Hello everyone, I just have a question roi year one. I found this property and my roi would be about 7% year one, but the property is renting under market rent. So I could make minor improvements increase the rent and my roi year two could possibly be about 12%. 4 unit is all rented out rents are $725, $700, $700, $675. Total Rent= $2,800. Market rent is about 800-850 in this area. Please let me know your thoughts on this deal. What kind of ROI do you look for year one and then year two?