Whats the best tool to use to determine if a property will CF

[Jayden Hamilton]

Whats a good app or website tool to use to run numbers and determine if a property will cashflow or not?

[Alecia Loveless]

@Jayden Hamilton The BiggerPockets Rental Calculator will do the best job. It incorporates all things associated with the purchase of a property. Purchase price, down payment, loan term and rate, expenses broken out, taxes, electricity, sewer, water, gas(oil), trash, you can customize expenses, rental income, other income such as laundry or parking or storage, and then analyzes it into neat reports for you that are easy to understand and if you have questions you can post the report in a forum question and fellow investors will explain it to you.

You can use this calculator 5 times for free and unlimited if you become a pro member. The cheapest way to become a pro member is to watch one of the webinars on Wednesday and at the end they offer a discount code to go pro.