Sub To Cash on Cash and Cap Rate

[Eric Gardiner]

Hi everyone, 

I am curious what you try to get for cash on cash and cap rate. Im working a deal that is 5.32% cap and 8.48 COC. I like it because it is a pretty low down sub to deal with a 25 year mortgage that I can take over. Just curious other peoples thoughts. It is in Utah and finding things that cashflow is pretty difficult.

Thanks,

Eric Gardiner