For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.

I started my domain over 10 years ago when people first started going online trying to buy fixer upper houses.

Do i t to build your online presence, reputation and credibility as a business.

If you choose an online program, ask how much access you have to the coach.

Poke around online to see if any of those organizations are in the area.Thanksgiving through the end of January is the absolute slowest time of year for leasing properties.

Plus, they handle online rent collection (a necessity if you don't have a property manager!)

Another option you will see online are companies selling shares to sections or lots of trees via a tree plantation management company.  

Microsoft Excel, and most budget or free online bookkeeping isn't going to cut it in this situation.For the rental properties you own directly, I often tell clients and prospects that a P&L in Microsoft Excel is just fine and a balance sheet is not necessary for tax purposes. 

Andy Sirkin (fantastic legal team from SF) has a library of free online articles and a set of agreements to purchase, to help you on your way to become a Subject Mater Expert. https://andysirkin.com/article...Elizabeth and Christina (The Rental Girls) have done a great job pioneering the shared ownership (TIC's) model in Southern CA. 

Thank you  My recommendation is to sign up at paperstac, debexpert and some of the online sites that sell loans as well as join some fb groups on note investing as people push loans through there as well.