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Updated over 2 years ago,
Cash on Cash return for STR
Hello BP members!
I am in the process of currently looking to buy a STR in Garden City, UT! It would be my first STR, but I have ran most of the numbers on AIRDNA. The only problem I am having is trying to calculate the COCR? Can anyone help me out? Also, what % do you guys shoot for on STR's and is there any other variables I should be eyeing on the analysis side of things?
Any feedback is appreciated! TIA!