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Cash-on-Cash Return Calculator

A cash-on-cash return calculator divides annual pre-tax cash flow by the equity invested to give the cash-on-cash return — the current cash yield on the money you put in. Enter your annual cash flow and equity below.

Cash-on-cash return

Formula

Cash-on-Cash Return = Annual Pre-Tax Cash Flow ÷ Equity Invested

Frequently asked questions

How is cash-on-cash different from IRR?
Cash-on-cash is a single-year current yield on invested equity; IRR is a time-weighted return across the whole hold that also captures appreciation and the sale. A deal can have a low cash-on-cash early and a strong IRR after a profitable exit.
What is a good cash-on-cash return?
Targets vary by strategy and risk, but many investors look for a cash-on-cash return in the high-single to low-double digits for stabilized income; value-add deals may show lower early cash-on-cash while rents ramp.

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