Income analyzer

[David Maupin]

I am new to this forum and have recently starteted my journey on investing in rental properties. I made my own with some help of some books I have been reading and would like to see your thoughts on it. I look forward to hearing you comments and suggestions! Just copy and paste the link to your bar.
http://spreadsheets.google.com/ccc?key=rP0cxuOyWilQguYWf_C2gWA&hl=en

[Jon Holdman]

Too complex. I used to have one very similar to that. Read in the Rental Property forum about the "50%" rule.

Tax benefits are overstated. Unless your income is under $100K and you only plan on a few properties, you can't take the passive loss. Buy properties that cash flow with the 50% rule and let the tax benefits shelter the rental income.

Its really very simple. Gross monthly scheduled rent must be at least twice the P&I payment to break even.

Do your due diligence to make sure there's nothing going on with the property that will make expenses (which includes vacancy and capital items) more than 50% of the rent.