2min chapter

My First Million cover image

#127 with Nick Huber - Building a $10m Self-Storage Business and the Opportunities in "Sweaty Startups"

My First Million

CHAPTER

What's Your Cash on Cash Return?

We target 15 to 20% cash on cash yield on the money that we deploy, which is phenomenal. We buy these little 30,000 square foot properties in Ship andville, Pennsylvania or Newfield, New York for between 1.5 and 2 million bucks. So if we're spending a million bucks, that's $85,000 a year net operating income.

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