Your Cash-on-Cash Target?

[Ian Price]

 Calling all single family investors!  

I am curious to find out what your cash-on-cash criteria is? 8%, 10%, 12%, 15% 25%?!

I am an agent in Northwest Indiana and am seeing homes selling for $30,000 - $45,000 in decent shape and neighborhoods in Michigan City and surrounding areas. Most of which are roughly getting at a minimum of 10% COC return all the way up to 20% after expenses, vacancy, and management.

What do you shoot for COC returns...or are there any other important criteria you look for in that number?

Thanks