What is a good STR ROI in your opinion?

[JR Woolf]

Hoping not to get my bubble burst but we currently have 3 STVRs and looking to acquire our 4th. 1 is at the beach and the others are in the mountains. The one at the beach has been on the STVR market for about 4 years and one of the mountain houses has been on for about 15 months. Just curious as to what type of return constitutes a good return on a STVR based on others experience. I saw one post earlier that got me a little curious b/c someone was asking about acquiring a property for $70k that did $10k annually in rentals and a lot of the comments were negative. We purchased our houses for $425k, $315k and $374k respectfully- the first 2 with conventional mortgages and the last in cash and all have positive annual cash flows. We have our 4th currently under contract and have seen the past owners rental history and based on that this one will cash flow positively too....

We have been fairly proud of our performance thus far but just curious as to if we are above, below or on par....thanks in advance for comments....

[Nathan Gesner]

What do you mean by "positive cash flow"? How much did you out into the to start? What is annual income and expenses? Have you accounted for all costs, including the time spent managing them?

Nobody can tell you if they are good investments without knowing the numbers. Personally, I think 12% is a good return but others may feel a good return is as low as 8% or no less that 17%. What is good for you and your goals may not be the same as others.