BP Buy & Hold | Total Profit Calculation

[Account Closed]

Hello!

I'm starting to play around with the Buy & Hold Analysis report that BP offers to Pro Members because as a free member, I have 5 calculations at no charge. If I'm going to use the report, and purchase a Pro BP membership, I want to understand the math behind the numbers.

Specifically, under the Analysis Over Time section which shows financial metrics over a certain period, there is a Total Profit if Sold line item to show your profit if sold at the end of a certain time period (i.e., 1-year, 2-years, 5-years, etc.). BP defines Total Profit as property value minus net cash expenditures and sales costs. I'm trying to understand what BP considers as net cash expenditures in a Buy & Hold scenario. Sales costs should be straight-forward (Property Value x Projected Sales Expenses (% of PV) = Sales costs).

Have any others leveraged the BP Buy & Hold Analysis and knows what I'm referring to? If you do, do you know what exactly BP considers net cash expenditures?

Is it the following formula: 

• [Property Value - (Total Project Costs + Sales Expenses)]? 

Your help would be appreciated!