Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

Account Closed
  • Brooklyn, NY
1
Votes |
2
Posts

Looking for some constructive feedback on my numbers

Account Closed
  • Brooklyn, NY
Posted

Hey Everyone, I'm new to the forums and really grateful for the wealth of information available here. I listen to the podcasts and read the "BiggerPockets Rental Investing" book along with a few others. My day job is a network engineer at a large IT firm in Manhattan and I am looking to begin my real estate investing portfolio on the side. I live in Brooklyn and would prefer my first property to be within 1hr driving distance.

I found many methods online that people use to estimate certain costs (i.e. vacancy, capex). After which I started an excel sheet to analyze properties on a high level. This is exclusively for initial decision making and once a property looks promising, I would contact my insurance broker, water company etc. and get the exact costs.

I thought to share my sheet for two reasons. Firstly, I'm sure that I’m making many mistakes with these numbers, and would love to hear some feedback and experiences that will change my approach. Secondly, why not share this with other people. You can simply copy the formula to a blank spreadsheet and start using it for yourself. (Keep in mind - all fields highlighted in pink are a formula and dynamically update based on the main numbers that you input.)

https://docs.google.com/spreadsheets/d/1tsOyM0aw07...

Hope you enjoy,

Eli