b'the same as the original loan balance. If you have made some principal payments during the period of ownership, you may owe a slightly lesser amount. A loan amortization schedule, available on the internet, can help you figure out the remaining balance.Step 4: Calculate Your Annualized Cash on Cash ReturnsNow, you simply add up all of the distributable cash paid to anyone (investorsandmanagement)overthelifeofthedeal,includingboth distributions from cash flow and capital transactions. The combined total, is the overall cash on cash return for the property.Next, you divide that amount by the number of years you have held the property to get your annualized cash on cash return. This is a dollar amount.In the example above, if you hit your 20% cash on cash return target, you should have achieved an overall cash on cash return of $1.5M, resulting in a $300k/year annualized cash distribution.Now,dividetheannualizedcashreturn($300k)bythetotalcash invested ($1.5M) and convert it to a percentage. Thats the annualized return on investment that the property will generate. Back to our targetswe are looking for properties where the overall cash on cash return is 20% or more. If the property you just analyzed doesnt come close, it may not be viable for syndication. Get over it and move on.199'