QUOTE (ThomasBeyer @ Apr 3 2010, 08:31 PM) ROI:
above 0 .. preferrable double digit POSITIVE ROI .. or triple digit in 4-6 years ..
The issue is that you do not know the true ROI until you sell .. usually many years later !
CAP rate:
over 4% in big cities like Vancouver, Calgary, LA, Toronto, Singapore, Munich, London ..
over 6% in 2nd tier cities like: Edmonton, Kelowna, London (ON), Halifax, Red Deer, Winnipeg, Saskatoon, Karlsruhe, Kassel, Edinborough, Dublin, ...
over 7.5% in other towns/city ..
Thank you, Thomas. It`s very helpful info.
How about Cash-on-Cash Return rate? What is the minimum rate? Are most REIN Grads based on "Cash-0n-Cash return rate" to purchase the property?