Denver Area Single Family and Small Multi Family Analysis

[Bryan Henry]

Hey Bigger Pockets Forum! My question (and discussion) for everyone out there is this:

I am a new investor looking for my 1st deal. I live in the Denver Market and I would prefer to get my feet wet by purchasing my 1st property locally versus a property in another market that I would not be able to physically drive to. Because the Denver Market is extremely hot and properties are very expensive, I am very curious on what experienced investors are seeing on recent deals (within 2017) for CAP Rates, monthly cash flow, and cash on cash returns?

I am curious to compare my analysis results to what more experienced investors are targeting for their minimum CAP rates, monthly cash flow, and cash on cash returns to determine what a "Good" deal really is besides comparing to the average 7% from the stock market

Thanks and I look forward to hearing from everyone!

[Craig Curelop]

@Bryan Henry - I am house hacking a duplex in June 2017 that is treating me very nicely. I'm happy to share my numbers, though they are a bit inflated. The reason is that I only put 3.5% down (crazy Cash on Cash) and I am AirBnbing out my bedroom (I made a pseudo bedroom out of my living room). 

I highly recommend checking out any of @Charles Roberts classes at Your Castle Real Estate. He's the real deal! Also, @Chris Lopez puts on an awesome podcast alongside Charles which focuses solely on Denver Real estate investing. It's awesome stuff!