Unless you have something to compare to, it's hard to say right?

You will want to give a clear idea of your purchase price, the amount of repairs needed, and your projected after repair value (ARV) based on comparable sales you pull.

That changes things for sure but what about comparing it to the S&P 500 which earned 12% in the last 10 years for no effort at all?

If risk-aversion is the main concern, then sure, just compare Treasuries to real estate cash-on-cash. 

Quote from @Ko Kashiwagi: Hi Daniel,The margins in flipping homes in LA is definitely slim compared to other markets, unless you find a way to decrease the construction costs.

The amount of time during the period of the trip which is spent on personal activity compared to the amount of time spent on activities directly relating to the taxpayer's trade or business is an important factor in determining whether the trip is primarily personal.

Do you offer the same or better amenities than comparable properties?

However, two oversights have affected my calculations: (Both dumb mistakes I can only blame myself for)Higher-than-expected property taxes and municipal fees in University Heights compared to Cleveland proper.Overly optimistic rental income estimates.After adjusting for these factors, including property management costs and other expenses, the revised cash-on-cash return is about $12,000 annually, slightly over 5%.

Turns our this is a product we're very aggressively priced on an I've been able to beat the terms of everyone I’ve been compared against...

What is the market rate of comparable apartments?