Cash on cash metric

I agree here. Most of my projects take around 3-6 months to complete (which is beyond the 60 days that the CoC currently takes into account), and the property is not “in-service” until the renovations are complete. I would like to request that capex for cash on cash calculations take into account all cap ex until the unit is put “in-service”, i.e. vacancy is being monitored.

1 Like