Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

8
Posts
7
Votes
LaToya McClain
  • Gautier, MS
7
Votes |
8
Posts

Rental Property calculator- Total profit if sold?

LaToya McClain
  • Gautier, MS
Posted

In an effort to get accustomed to the rental property calculator tool, I ran the analysis for 2 different properties.  The math makes sense for all of the calculations but the total profit if sold.  Since I couldn't get the numbers to make sense, I watched Brandon's youtube video (https://www.youtube.com/watch?v=xqVF-_hkhfk) introducing the total return feature and the article here (https://www.biggerpockets.com/renewsblog/2016/05/2...).  The article states the following:  

Total Profit if Sold: This is the profit you would make on the property if you sold it. It is computed by taking the After Repair Value in that given year, subtracting out all the sales expenses (the percentage you entered on the bottom of page 3), subtracting out the mortgage balance, subtracting out any money you put into the deal, and adding in all the combined cash flow since you purchased the property.

Even when I worked the calculations along with Brandon on the youtube video, the Total Profit if Sold value never equals the correct number.  I must be doing something wrong, so if anyone can shed some light on this I would appreciate it.  

Loading replies...