What you have calculated is not cash on cash return.   

Vacancy is VERY expensive and can destroy returns, especially if you have to reduce rents anyways. 

EMD is being returned.

I bought vacant land, built a spec home and sold it to an end user. I know that interest on the acquisition loan can be included in the cost basis since it’s inventory. But what about the interest on a cash out refina...

For real estate investors, it’s a golden opportunity to adapt to market needs, contribute to solving the housing crisis, and achieve solid returns.

I will likely be challenged to get a 1 to 1 return on adding the AC, adding an EV charger, converting a sound studio to an office, and furnishings.

Hi BP Community,
I’m excited to be back on Bigger Pockets! In 2021, I successfully launched an Airbnb, thanks in large part to the amazing advice and support I received from this community. It was a great experience ...

It's an estimated cash on cash return given current rental rates subtract expenses assuming 7% interest rate, 10% management fee, 5% repairs, 5% capex and other expenses like mortgage, insurance, tax. it's a estimate to tell you what properties to analyze vs ignoreyou can see the are pockets of negative returns as well as pockets of positive return. this is to supplement the data @Devin Conley provided

How do your actual returns compare?  

And you now have to file three tax returns:- partnership tax return- your individual tax return reporting 1/2 of the partnership losses- your partner's individual tax return reporting their 1/2 of the partnership lossesAnd while partnership return can be DIY-ed, it probably should not be.