Return on Equity (ROE) in 2024

[Collin Barker]

Hello,

I am curious what a good ROE would be in the current market conditions for a new acquisition. I just calculated that the ROEs for my 3 rental properties are 6%, 5% and 1.5%. My calculation is based upon cash flow divided by equity. I never imagined I would sell or refinance the 2 best ones because I have 2.65% mortgages on them and they cash flow well, but want to make sure my equity is working up to it's ability for me. 
Appreciate any thoughts or insights!