Should my CoC % be lower if I am putting a 20% down payment?

[Brandon Wulff]

Would my cash on cash return % be a little lower in a situation where I am putting a 20% down payment as opposed to using the BRRRR method? If so, what kind of CoC return am I looking for? Brandon usually says go for 12% since that's double the stock market, but I feel like that would be very difficult if I'm putting 20% down and some rehab costs. Any input? Thanks!