Deal Analysis: Running the Numbers

[Zack Francis]

Hi friends, I've done some homework on running the number in order to create a systematic way of analyzing deals. I understand the importance of getting experience through repetitions, but I first want to make sure I'm developing good habits as I "run the numbers" on properties.

I often get "stuck," and doubt my accuracy on a few variables:

1. Estimated Insurance 2. Estimated Taxes 3. Estimated rental income

Do you have any advice, or recommendations on calculating these variables in a timely, accurate way when running the numbers?

[Joe Villeneuve]

Sure.  Don't estimate.

Insurance is pretty consistent in most areas for similar properties.

Taxes are a matter of public record.

Rents are just comps for rent, like comps for sold properties...also a matter of record on the MLS, Zillow, etc...