Most investors don’t lose money because they choose the wrong asset.
They lose money because they trust the wrong metric.
Cash-on-cash, IRR, and equity multiple all matter. But each tells a very different story, and when misunderstood, they create false confidence.
At Cornell Communities, we don’t lead with the biggest number. We lead with the most honest one.
Nearly every syndication uses the same three metrics. Knowing what each one does and does not tell you is critical.
Cash-on-cash (CoC) measures the annual cash distributions you receive relative to the cash you invested.
Example:
👉 Cash-on-Cash = 8%
✓ Simple
✓ Tangible
✓ Tied to real income