make sure to calculate the step up in basis when calculating depreciation.You may want to order an appraisal as support for your new depreciable basis calculation.

Quote from @Daniel Rabinov: Hey,I am considering buying a piece of land to develop 8-10 houses on it with common area and amenities.Does anyone have some excel sheet or calculator that can help me check the viability of it being a good investment?

Hi all,Any recommendations for an excel spreadsheet calculator to analyse deals?

Loan Buy Down: Some calculate this as part of their "cash flow."

Those who are using generic calculations aren't going to find the opportunities that present themselves.

The "DealCheck" app that "BiggerPockets" provides is a wonderful help; it does all of the calculations for us. 

After I got and offered last week and calculated the number I might loss $115k if I sell it.

Unfortunately, after using the BP calculator, I'm not sure how we could make this just break even ( calculator is about -1200 a month).

View report*This link comes directly from our calculators, based on information input by the member who posted.Would you have done this deal? 

They should be able to send you an address of a rental they own.2) If they plan on sharing a BP Calculator sheet for each and every property they send you.