|Uploaded by:||David Beard|
|Time uploaded:||almost 5 years ago|
A Year 1 analysis of the returns from either MFR or SFR property, to be used as a screening tool when purchasing.
Input assumptions based on knowledge of your area, particularly taxes, water, prop mgmt rates, etc.
*Average Tenancy* period is a critical driver of profitability, as it impacts vacancy time, leasing fees, and turnover costs.
*Replacement reserves* are for the 15-year items: roof, furnace, AC, water heater, heavy cosmetic update, etc.
Disclaimer: Safety of files uploaded to the BiggerPockets FilePlace cannot be guaranteed. Download at your own risk.
My pro forma of choice - and one that I've probably used 300 times. Very easy to learn, simple enough to complete in 3 minutes, but dynamic enough to customize all expenses and generate numbers refined enough to make decisions.
Jeremiah B., about 3 years ago