I would not choose a required net yield until the exit and tenant pool are clearer. A stable building with broad rental demand is different from a distinctive duplex that may take longer to re-let or sell. Still, if the deal only works at full quoted rent, minimal turnover and no special...
For the next pass, build a 12-month cash-flow sheet with separate lines for rent actually retained, vacancy, management, owner-paid condo charges, insurance, property tax, repairs and reserve contributions. Keep purchase costs outside the operating yield but include them when measuring return on...