Cash-on-Cash Return
Cash-on-Cash Return
Cash-on-Cash Return is a financial metric used to measure the annual return on an investment relative to the amount of cash invested. It is calculated by dividing the net Cash Flow generated by the investment by the total cash invested. This metric is particularly useful for real estate investors to evaluate the profitability of their investments.
Formula:
Cash-on-Cash Return = (Annual Net Cash Flow / Total Cash Invested) × 100%
Example 1:
A real estate investor purchases a rental property for $200,000 and puts down $50,000 as a cash investment. If the property generates an annual net Cash Flow of $12,000, the Cash-on-Cash Return would be:
Cash-on-Cash Return = ($12,000 / $50,000) × 100% = 24%
Example 2:
An investor puts $100,000 into a business venture and receives $15,000 in net Cash Flow over a year. The Cash-on-Cash Return would be:
Cash-on-Cash Return = ($15,000 / $100,000) × 100% = 15%
Case 1:
In a commercial real estate scenario, an investor buys a shopping center for $1 million, with $250,000 in cash. The property generates $80,000 in net Cash Flow annually. The Cash-on-Cash Return would be:
Cash-on-Cash Return = ($80,000 / $250,000) × 100% = 32%
Case 2:
A residential property is purchased for $300,000, with a cash investment of $60,000. If the annual net Cash Flow is $18,000, then the Cash-on-Cash Return is:
Cash-on-Cash Return = ($18,000 / $60,000) × 100% = 30%