Any good spreadsheets or tools to help me practice analyzing??

[Justin Mabry]

Hey everyone! Quite a noob here, hoping to practice and zero in on my abilities to crunch the numbers and analyze properties effectively. I'm aware that there are many more variables than just "mortgage payment compared to rent collected" to truly see the cash flow potential of a property. With that said, is there a particular tool anyone uses with all of the necessary costs (taxes, capital expenditures. etc.) to see the potential ROE I could get from a given property? I just finished reading "the book on rental property investing" by Brandon Turner and he goes quite in-depth with it but going back and rereading a chapter every time I want to analyze a property seems very time-consuming. Anything helps, I want to get as good at analyzing properties as possible before I officially take the leap!

[Eliott Elias]

Numbers are the least of your worries, focus on finding value and situations where you can find great deals. Numbers can be as simple as 70%*ARV-repairs. I have found that BP's calculators are confusing and don't give any clarity