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Updated over 3 years ago on . Most recent reply

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Mike Gonzalez
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Calculator for Multifamily Rental

Mike Gonzalez
Posted

Hey everyone! Looking to get into my first investment property as a multifamily home. Fourplex/Duplex. I'm pretty nervous as I am as new as they come. I just want to know which calculator to use, as the rental calculator doesn't specifically say multifamily. Any tips/help is appreciated as I would like to house hack. Also, all the deals I analyze with the rental calculator don't seem like good deals. Low CoC/Cash flow etc. I wonder if it's cause of the state of the market? Thank you and best wishes to all of you.

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Nick Peters
  • Specialist
  • New York City, NY
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Nick Peters
  • Specialist
  • New York City, NY
Replied

Hi @Mike Gonzalez

Feel free to have a look at my FilePlace on BP, I've recently uploaded a few excel spreadsheets that can probably help you in your real estate investing journey. Currently there are 4 spreadsheets available:

  • 1. A rental analysis spreadsheet to analyze rental properties and BRRRR investments
  • 2. A house flipping spreadsheet to review and manage house flips and rehab projects
  • 3. A comparative market analysis spreadsheet to keep track of all the properties you analyze so you can identify trends in your local market and easily run comps
  • 4. An excel mortgage calculator with some nice features (extra payments, interest-only, etc.)

All of them are freely accessible on this page: https://www.biggerpockets.com/... I try to update them on a regular basis based on users' feedback. Let me know if you have any questions, happy to help!

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