Best Cash on cash calculator?

Question

What is the best cash on cash calculator I can start with? I’m new to the game and just trying to start on the right foot. Thanks ahead of time! 🤙

Justin Miller · Answer

Hey Tommy,

I’m looking for cash on cash return on investment. I’m looking at a rental property. I’m trying to determine if it would benefit me to have a year long tenant in the property or “snow bird” with short term renters (air bnb).

Tommy Adeoye · Answer

@Justin Miller When you say Cash on Cash calculator, are you referring to CoCROI ? Cash on Cash Return on Investment ? Is this for a rental property , wholesale, flip ?

As a non-pro user, you are entitled to 5 calculator uses on Bigger pockets. I have found the calculator pretty resourceful and it seems to be the closest thing to perfection out there. Again, you first need to identify your niche and strategy before hopping on there . I suggest doing a search on how to use the calculator and also watch the video contents/webinar for guidance.

Welcome on board.

Nick Peters · Answer

@Justin Miller

BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators

If you can't find what you're looking for, try the Bigger Pockets Fileplace: https://www.biggerpockets.com/files I've myself uploaded a rental property analysis spreadsheet intended for beginners, which includes the Cash on Cash financial ratio (and more): https://www.biggerpockets.com/files/user/NickPeters