Heavy value-add projects in Seattle are predicted to yield about 50% cash-on-cash return, while cosmetic projects will yield 30-35% cash-on-cash return, on a 6-month timeline.
"What I have seen in Seattle is on a six-month project with a heavy value ad versus more of a cosmetic where you're doing windows, roof, and everything else, the return is going to be about 30 to 35% cash on cash on a cosmetic. On a value ad, we're looking about 50%."
