@jshao100 Thanks for the detailed analysis and recommendations here. It’s much appreciated!
We have a revision to the cash on cash metric in the works right now. Going forward, net cash flow prior to the placed in service date (including the impact of capex) will be included in the cash-in / denominator. If this early cash flow is negative your “cash-in” will increase, and vice versa.
All net cash flow (including capex) reported after the date placed in service will factor into the numerator. With this revised CoC calculation, your cash-in / denominator will not change after the date placed in service.
We’ll post an update here and on other relevant threads once the CoC updates are live on Stessa.