Depreciation, BP BURR and Rental Calculator

[Kishore P.]

Hello All:

Background:

I'm currently working towards my Relator License for the State of Michigan.
In one such class, the instructor highlighted the importance of analyzing Real Estate deals with  Depreciation for Building Value of Real Estate and how? that could improve the Cash flow on an annual basis.

Question:
Does BP Calculators (BURR, and Rental) in particular; used to analyze deals both for Single Family and Multi Family, account for Depreciation.

If the calculators don't account for depreciation, in my view Performa and Cash Flow would be discounted and that is not a true reflection of cash flow on an annual basis.

Attached is an article that highlights Rental Property Depreciation
https://www.biggerpockets.com/topics/new?forum_id=...

Looking for feedback from experienced Investors who have a thorough understanding in this subject matter.

Thank You
Sincerely

Kishore. P