|Uploaded by:||J Scott|
|Time uploaded:||over 4 years ago|
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What a great tool! Thanks for sharing.
James Ward, over 4 years ago
Thanks--I think I'll be able to make very good use of this. Do you use it primarily to assess a potential rental property, or to track a rental you already own? Also, what are these fields: Variable Cost PM and Fixed Cost PM? I've been racking my brain, but can't figure it out. I'm sure it's something ridiculously simple. :)
Terri Pour-Rastegar, over 4 years ago
Such a wonderful tool. Thank you so much for sharing!
Angie Menegay, over 4 years ago
this is neat thanks for the tool
Sammy Johnson, over 4 years ago
I'm guessing PM is Property Management. Thanks for the spreadsheet!
Rob McDonald, over 3 years ago
PM stands for Profit Margin. Variable Cost are costs that change in proportion to the rent (i.e. variable operating expenses). Fixed Costs are those that remain the same no matter the rent (i.e. a recurring bill like property taxes). The VC PM and FC PM = Rent Revenue - (VC or FC).
Mike Pantages, almost 3 years ago
Thanks for the neat handy tool J, really appreciate it.
Bala P., over 2 years ago
looks very good. glad you put the effort to do this.
John Wing, over 2 years ago
Actually, PM *does* stand for Property Management. You can enter a percentage of gross rent or a fixed monthly amount (lines 29 or 30).
J Scott, over 2 years ago
Straight forward and very helpful! Using this tool to compare potential purchases. Thank you for sharing!
Julie P., over 1 year ago
Great spreadsheet, I use it to evaluate all my deals right now.
Mehran Kamari, over 1 year ago
I'm having trouble opening the file.
Nicholas Webb, over 1 year ago
Ok...how on earth do i use the spreadsheet? Excel challenged!
Meg Kangai, over 1 year ago
ELVIN KALEMERA, about 1 year ago
This is fabulous! Thank you!
Rhonda Chesley, 9 months ago
Thanks for sharing this -- great tool. I think it might need one small correction. Should cell F32 be "=E32*12" since D32 specifies a monthly expense as opposed to an annual expense?
Mark Nugent, 9 months ago
Mark is right. I had to change that cell to factor in potential HOA fees.
Thank you J, this is an excellent tool that I have been using to evaluate all my potential deals.
Tim L., 5 months ago
Thanks! Just what I was looking for!
Janna Rubright, 5 months ago
Thanks for this!
Would this also be suitable for 2-4 unit properties?
If not, do you have a similar spreadsheet for multifamily properties? Or what would I need to alter to account for multifamily homes?
Chris P., 4 months ago
Yeah multi family would be nice to have! And thanks for the SFH sheet too.
William Wentzel, 3 months ago