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Updated about 6 years ago,
How to calculate Equity accrual
Hello i read an article by J. Scott where he refers to a spreadsheet. The article is great and the Spreadsheet really good. I was able to follow the Example on my own Except the Equity accrued. His Example and the spreadsheet has a value of 3,251 and I come up with 3,489.84. I would like to understand what I'm missing? The article is in http://www.biggerpockets.com/renewsblog/2010/6/30/introduction-to-real-estate-analysis-investing/