Based on those numbers, yes CoC return is "accurate" but I wouldn't say it's "reasonable"...in fact, it seems VERY high.

One of them had just returned from Europe. 

That is an awesome return considering Mom just got raised to 1.35 % on her 100k CD.

I could refi and have the property for free plus maybe 5k and $120/mo but to me - that just isn't a good return. 

First, if you resell the note, most investors will want a 10%+ return.

After 1yr we run a return on equity calculation, how much is our monthly cash flow divided by our equity position.

But what you pay extra for those lots doesn't justify the return in rents you're going to get.

“A QOF is an investment vehicle that files either a partnership or corporate federal income tax return and is organized for the purpose of investing in QOZ property.”What are the benefits of buying property in an opportunity zone?

So you will get your money one way or the other, either a borrower starts paying or you get their property in return.

How do you calculate the Returns in a multi-family unit?