Newby looking to learn deal analysis

[Mark Lange]

Hello everyone. I've finally decided to do more than just listen to the podcast. I'm totally new to Real Estate investing, but my goal here is to learn as I go and get to know some like minded people on the same path.

My goal right now is to learn how to analyze a deal. Id like to know how to do it with and without the BP calculators, just so I understand what I should be looking for. 

Any tips on where or how  to start with that would be welcome. Looking forward to getting to know more of you.

[Ibn Abney]

@Mark Lange I suggest learning the definition, purpose, and application of the formulas below. Once understanding these, all the calculators are about the same. However, I prefer to calculator myself in excel

Cap rate

Cash on Cash Return

Break even Point (time and dollars)

Net Operating Income

IRV formula

Debt Coverage Ratio

Internal Rate of Return

Return on equity