Here was my thought process on the different categories with a screenshot of the summary below:Property Taxes: Last property taxes on Zillow was before this unit was renovated when it sold for half of what it is listed for now, so doubled property taxes.Purchase Price: Listed at $155,000 and has been on the market for a while.

Do you put more weight on long-term price appreciation (with better tenants on average)?

I currently use Mint with categories matching IRS Schedule E's usual plus tags for each property.

High achievers always move the goal line out anyway; so, tying your happiness to the end result rather than daily action can result in unhappiness along the way.Regarding real estate investing, add value...it speeds up the wealth building process. in the For What ever its worth category.. to me real estate is life.. its a life style.. there is no retirement.. not sure why folks get so worried about retirement.. you get your stable of whatever kind of real estate you want  sFR multi commercial  Notes  short term lending .. fix and flip  value add  MHP  storage spec building etc etc.. and you nurse them along and work with them until you pass through the pearly gates.. why retire even if you retire with rentals your still involved in some manner.. if I looked at real estate that way I retired at 18 when I started selling the stuff it was and is not a JOB to me its a lifestyle..

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You'll notice the BP calculator allows you to include custom categories for closing costs and I just include the amount in one of these fields.

A good local handyman is worth his weight in gold

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If the current rents are significantly lower than market then it might be a viable deal.The reason I mentioned Financing is although the property still falls into the Residential category (versus Commercial) it is considered an investment property.