Depends on the market and how much you put into the property (ROE).

That's a Return on Equity (ROE) of ~3.0-5.5%, which is terrible.If it were me, I'd sell and redeploy the capital into a value-add MFR with good cash flow.

Current value, @Jason Roe.

Annualized ROA of 11%, if we did not live in it for 5 months without doing any work would have been an annualized ROA of 20%.At 50% down and 5% interest per year...372000 - 165000*5%*(6/12) - 165000 = 202875 ... ... ... ... ... 202,875 - 165,000 = 37,875 ... ... ... ... ... 37,875/165,000 = 22.95%22.95% for 6 months of work is an annualized cash-on-cash return of 45.91%.45.91% ANNUALIZED ROE if financed at 50% at 5% interest rate.

Also, just things like tracking net worth, equity, debt and calculating cap rates, ROE, and IRR for their real estate assets.

So, our ROE is $3,600 / $20,000, or 0.18 = 18% Return on Equity.

Sales Price 420 (Less 3% sales commission) -12.6 Purchase Price 265 Gain from appreciation 142.4   Total Cash invested 10.95 Annualized ROI 37.8% Annualized Appreciation 5.9%   Equity Available 170 Next Year ROE 14.6%

The ROE’s at times will have no utilities on and will refuse to turn them on.  

@Brian BurkeI hear you, but say the LP was getting 13% roe per year in cash, then the property sold for 3x at the end of 4 years.

ROE or ROA is probably a better measure.