Running numbers before paying

[Sam Fickel]

Apparently, I've used the BP calculators too many times in the past and can't use them anymore. I'm really just trying to play with numbers and get some reps in to learn how to analyze properties for when I'm ready to pull the trigger on REI. I don't want to run in blindly.

If I was regularly analyzing properties to seriously consider purchasing them, then by all means, I see how it pays for itself. But I'm just trying to figure out how different factors play into each other and how to come up with common metrics, and learning what to look for to determine what a "good deal" means to me.

Anyone have a spreadsheet they'd be willing to share?

[Ryan Chatman]

@Sam Fickel sharing my spreadsheet for everyone:

https://bit.ly/3EAhMm8

Fill in the purple boxes across the top. Then purple boxes in the other sections below. If single family be sure to set the number of units to 1. It is defaulted at 2 units. Works best by downloading a copy and using in excel

It also calculates cap rate, 1% rule, and cash on cash