It depends on what area you're located in RL is good on A/B class SFR.

I personally use 40% but I'm also in a higher rent area.

For properties under $300K, you can definitely find okay options in these areas.

But this will depend on the area that you are buying in.

I also assume you’re investing in an area with increasing rents so look at 3-5 years out with increased rents an it better cashflow well if rent isn’t stagnant. 

I was going off of some historic rent increase / property appreciation / vacancy data in the area and I thought it seemed high.

I'm looking for a skilled sales rep who can help me connect with landlords in Florida (especially the Palm Bay area) and Georgia.If you're interested in collaborating, I'd love to chat more about how we can work together and what your experience is in real estate sales and landlord outreach.Let's connect soon!

Wenatchee area hands down. 

This is not the cheap markets but the higher cost markets.This year I added a half bathroom out of existing space in a very expensive area. 

Hi @Briley RoeNice to hear that you made the first step in investing.Looking at the deals, I would need more information, but per the data that you have, the Cap Rate is within a good acceptable amount.Cash on cash is low, but depending on the area that you are the appreciation will catch up.