The One Minute Property Evaluator!

[Drew MacDermott]

Hello, BP!

That's right!  I have created a quick and simple tool for you all to use to evaluate both single family and multi-family properties in only one minute!

I have read many blogs and forum posts regarding the infamous 50% rule and have been working my own spreadsheet.  This one lets you analyze multiple purchase prices at once after inputting the number of units, average rent, estimated expenses (40%, 50%, etc), and a down payment!  The result is shown in a table as the total monthly cash flow, which is then highlighted based on a minimum cash flow per door.

I'm sure something has been forgotten or has an error, so I would love any and all feedback you have.  Click here to take a look and see what you think!

Regards,
Drew