At our brokerage team meeting this week, we spent a good amount of time discussing return on “investment”.  This information is not only valuable to 30a it is paramount in buying any property you plan on renting.  5%-7% return is considered good, while anything above is very rare.  Most of the time I have witnessed most buyers not even taking this into consideration, because it can be very time consuming sifting through ACTUAL rental numbers and ALL expenses.  One final thing to note, it is also easy to lose sight of the long term appreciation in this equation.  One could even purchase a property with a lower ROI than 5% and still do incredibly well with equity gain!!