BiggerPockets Rental Property Calculator

[Mike Campbell]

I recently upgraded to use the Bigger Pockets Rental Property Calculator, Is there someone out there willing to look at what we have come up with. We’re Looking at a property asking 269k results; a negative cash flow of 1,218.31 with a purchase cap rat at .90%, so then did at 160k, Results’ neg cash flow of 342.83 at 3.76% cap rate WHAT!

I’m sure I’m doing something wrong, maybe.

One more question; why would the vacancy rate in dollars be put in the expense column, I was under the impression Rent not received is money not earned not an expense.

Thanks

Mike