Typical Cash-on-Cash returns in Phoenix metro?

[Kurt Granroth]

I'm likely going to start BRRRR investing next year and since the first 'R' is 'Rehab' and I plan on doing as much of it myself, that does dictate that the properties are also local.

What I'm trying to figure out at this stage is what kind of Cash-on-Cash rate of return can I reasonably expect, if investing in the Phoenix metro area?  The quoted figures I've found elsewhere, referring to more geographically divergent locations, vary so incredibly wildly (3% to 30%!?) that they aren't very useful.

So what I'm hoping to get is some actual real numbers from people who have invested directly in the Phoenix area.  When you run the real numbers at the end of the year, what are you seeing?

And literally any amount of additional detail (actual initial cash, amount financed, location of property, amount required for rehab, etc etc etc) will also be appreciated.

[Shiloh Lundahl]

@Kurt Granroth Here are actual numbers on 6 Properties that we have acquired and leased out this year in Arizona.  The yearly cash flow is just the monthly multiplied by 12. In most cases for our properties the tenants pay for the on going repairs.

Harding in Coolidge, Arizona

Purchase 55k

Rehab, holding costs, closing fees, etc. 11k

Bank Loan 48k

Option from Tenant 5k

My total in $12,348.08

Monthly cash flow after all expenses 186.59, yearly 2239.08

Cash on Cash Return 18.13%

Northern in Coolidge, Arizona

Purchase 48k

Rehab, holding costs, closing fees, etc 14k

Bank Loan 38k

Option from Tenant 5k

My total in 13,893.74

Monthly cash flow after all expenses 257.97, yearly 3095.70

Cash on Cash Return 22.28%

Drew in Mesa, Arizona

Purchase 130k

Rehab, holding costs, closing fees, etc 23k

Bank Loan 104k

Option from Tenant 5k

My total in 39,435.66

Monthly cash flow after all expenses 404.02 yearly 4848.21

Cash on Cash Return 12.29%

Main in Apache Junction, Arizona

Purchase 69k

Rehab, holding costs, closing fees, etc 48k

Bank Loan $112,500

Option from Tenant 6500

My total in -1,160.34

Monthly cash flow after all expenses 97.24, yearly 1166.88

Cash on Cash Return = Infinite since I had no money into the deal

Signal Butte in Apache Junction, Arizona

Purchase 193k

Rehab, holding costs, closing fees, etc 54k

Bank Loan 235k

Option from Tenant 10k

My total in 456.80

Monthly cash flow after all expenses 403.47, yearly 4841.64

Cash on Cash Return 1059.92%

27th Ave in Phoenix, Arizona

Purchase 102k

Rehab, holding costs, closing fees, etc 20k

Bank Loan 82,500

Option from Tenant 5k

My total in 27,630.84

Monthly cash flow after all expenses 432.12, yearly 5185.40

Cash on Cash Return 18.77%