With some quick math, you can calculate what your payback period is in comparison to when your PMI falls off. 

They also are very reasonably priced in comparison to most other folks I have priced out for multifamily. 

I was not serious with this post but your comment is trying to make a unfair comparison.

There aren't a lot of rentals in this market so it is tough to get a comparison of what a place should be renting for in Sylvania.

Depends on how much the cabinets cost, check out kitchencabinetkings.com for price comparison.

I'm just trying to get apples to apples comparisons..  

Usually my appraisals have both, so it includes a comparable by size, age, location and also rent comparison. 

This would be a valid apple to apple comparison. 

If you have an apartment building with ten apartments, you compare that to ten single family homes, not one single family home, because a) you are not going to buy a 10-unit apartment for the price of one SFH, in the same area, and b) your comparison purposes are always units to units.

Account ClosedIncome taxes are normally not calculated in cash-on-cash return calculations because everyone's tax situation is different.For sake of comparison - the cash-on-cash return should be comparable on a level playing field.Person A - $100 return on a $1000 investment.