Anyone have a simple way to calculate ROI for the first year for a rental property?

@Ricardo Diaz Why to an experienced lender like @Upen Patel this is simple.

Hi BP! I’m Trevor Higgins (NMLS 1410557), a Charlotte, NC–based mortgage advisor with 12+ years’ experience—lending nationwide with Fairway Home Mortgage.
I work with real estate investors and house hackers as well a...

Cap Rate (short for Capitalization Rate) is a quick way to measure how much income a property produces compared to its value. Investors use it to see if a deal makes sense.
👉 The Formula:Cap Rate = Net Operating Incom...

I did a test asking agents on Zillow one simple question:"Morning ​C​rystal!

I hold a normal security deposit.The remaining tenants are deciding whether to:Not replace the missing roommate and just keep paying as a smaller group (fine by me), orFind a replacement for me/my PM (who helps me with tenant turns)  to screen (baseline: 650+ credit, steady job ~2 years, standard app + fee).I’m looking for simple, practical steps (no legalese) other CA landlords use:If they don’t replace: Do you just keep the same lease and add a short, plain-English note everyone signs (e.g., “we’re continuing with fewer people; rent and deposit stay the same”), or do you write up a whole new lease?

Unless you have a massive amount of lease terms that are changing from the original lease agreement, you can use a simple Lease Amendment, not an addendum, to renew your lease. 

I recently finished a beta version of a small multifamily deal analyzer (1–5 units) that I thought this community might find useful.The focus was on making it simple and dynamic:- All assumptions go into the blue input cells.- Returns like IRR, cash-on-cash ROI, and equity multiple update instantly.- No need to adjust formulas — it’s plug-and-play.I’m currently sharing the lite version with a handful of investors to get feedback before rolling out the full release.If you’d like to test it out (and give me feedback so I can refine it), feel free to reply here or message me directly.Question for the group: What features do you find most important in a deal analyzer? 

everywhere you look, gurus are telling people to start wholesaling by doing agent outreachthey make it sound simple,  just call agents, get deals, and make quick moneybut the truth is, this advice is misleading and it’s hurting the real estate marketagents are getting flooded with calls from people who don’t understand contracts, laws, or even what wholesaling really meansit wastes time, damages trust, and makes agents less likely to work with real investors who actually know what they’re doingwholesaling can be done the right way, but not by spamming agents with bad advice from youtubeif people want to wholesale, they need to learn the business, follow state laws, and build real relationshipsanything less just adds more confusion and gives wholesaling a bad nameso if you're wholesaling, I'm telling you try off market deals first, get the experience, build up the capital and once you're able to start buying houses then contact agents

Using turbo tax if you have a simple return is okay.