All Forum Posts by: Pedro Miranda

@Nathan Gesner Thank you!

@Kim Meredith Hampton Got it! thank you!

Hi Bryan. Thanks for your message. By "realtor commission" I mean the amount paid in commission for the rental transaction, not the purchase. After I own the property and put it for rent. For example, I'm renting my property for 1000 per month, a one-year lease agreement. My realtor finds a tenant and we close the deal. Since I have to pay him a commission for this, my expected annual income for this deal will be reduced. Now, instead of 12k I'll end up with, let's say, 11k. This gives me a monthly income of $920, not 1000. Is this the number I should use in the "Rental income / Gross Monthly Income" field while using the Rental Property Calculator? Thank you!

Hello everyone. I recently started using the Rental Property Calculator and immediately one question came to my mind: in the field "Rental income / Gross Monthly Income" I understand it should go the full amount the tenant will pay me each month. But what about the realtor commission? in which field should I add this info? I understand this is an important expense in a rental analisys. In a yearly bases lease, the commission can be one month of rent and this affects significantly the project income and thereafter the expected cash flow. I'm afraid this doubt can drive me to wrong investment decisions. Can anyone please help me with that question?