Most real estate projects today are either not achieving their preferred return in cash flow or may not achieve this bench mark for the first three, four or even five years -- at this point, there may also be accrued preferred return that would have to be caught up.As a fund manager, what other asset classes are you evaluating to help increase cash flow for both your investors AND yourself?

Each STR property I acquire must meet two financial benchmarks: a gross rent multiplier (GRM) of 5 or less [Property value divided by projected income must equal 5 of less], and compliance with the 1% rule as LTR, which serves as a backup if regulations shift or if there's a decline in STR income.

Identify a property that can be acquired at a discount for whatever reason (benchmark 60% ARV)2.

Ran levels once by the Potomac River in VA and came across an old bench marker set by George Washington.

We're now wanting to set some benchmarks for Travis so he can work towards earning a larger share of the business. 

Most investors walk a building, identify windows and other benchmarks and rely on these elements in coming to their own conclusion on unit layouts and unit count.

The only times I exceeded that benchmark was when I chose to spend more on high end materials or layout changes (to bring Kitchen or BA up to code).

I wouldn't take just that sample size as your benchmark for what you could get rent wise. $1400-ish is on the higher, but capable, end for that area.

It's essential to evaluate each deal individually, considering factors like your specific market, property condition, and your own risk tolerance.Here's a quick summary of what you might do:70% Rule: Use this as your initial benchmark to assess deals, especially if you're looking at traditional financing with 70% LTV as a goal. 75% Rule: When you have access to lenders offering DSCR loans at 75% LTV, adjust your analysis to match this new lending option.

Hey Larry - Aiming for a minimum of $250 cashflow per door is a common benchmark.