BP's Rental Properties Calculator
I have my first deal under contract. And after meeting with a serious buy & hold investor who schooled me on presentation I realized I needed a more professional look in providing detailed cash flow analysis on a property.
A light bulb went off. I went pro and now had access to the calculators. Why don't I plug in the numbers that I have and see how this thing works?
I'm not experienced so I don't have a point of reference but the calculator was unbelievably helpful! From the 5 year projections, to the break down of every expense imaginable, and it stuck to the 50% rule. This was super helpful. The numbers and the chart visual helps especially for those who are a visual learner (as such I).
There's nothing like presenting this professional looking spreadsheet to investors versus a simple flyer.
Thanks for this valuable tool!