Multifamily numbers in Houston

[Begona Miron]

Hi everybody! Me and other partners are interested in investing in multifamily as a way of starting to have a steady cash flow. According to our possibilities, we are thinking in small multifamily properties class or C(no more than 20-25 units) and even though I have certain numbers in my head according to cap rate and IRR...I would like to get an idea of what is the average in Houston market right now, any help? We would be open to other markets specially in Texas as well. Thanks!