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Cash on Cash Return, 2% to 20%, in Real Numbers

A percentage is abstract until you see the rent behind it. This table shows what a $500,000 rental has to bring in to hit each return level with 25% down at 7.25%. Pick a level for the full breakdown.

$500,000 property, $140,000 cash invested (25% down plus 3% closing), 7.25% 30-year loan, 5% vacancy, taxes 1.2% and insurance 0.5% of price, 18% of collected rent for maintenance, reserves and management.
ReturnAnnual cash flowRent neededRating
2% $2,800 $4,495 Weak
3% $4,200 $4,640 Weak
4% $5,600 $4,790 Fair
5% $7,000 $4,940 Fair
6% $8,400 $5,090 Fair
7% $9,800 $5,240 Fair
8% $11,200 $5,390 Good
9% $12,600 $5,540 Good
10% $14,000 $5,690 Good
12% $16,800 $5,990 Excellent
15% $21,000 $6,440 Excellent
20% $28,000 $7,190 Excellent

Run your own deal in the cash on cash return calculator, or see how the return moves with price on the purchase price pages.