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re: Rental Property Investment
Posted on 6/17/15 at 2:04 pm to Patrick_Bateman
Posted on 6/17/15 at 2:04 pm to Patrick_Bateman
4
Posted on 6/17/15 at 2:07 pm to I Love Bama
Some of the fields aren't linked (revenue assumptions) on this one. I also allocate 10% for property management even though I don't pull it out in real life. I just want to make sure the numbers are good so if I ever decide to walk away and let someone else manage my investment is still sound.
Posted on 6/17/15 at 6:44 pm to I Love Bama
Bama, I probably have a dumb question. On your spreadsheet you financed the full cost. Wouldn't that make cash outlay the down payment only? I understand that you need $22K initially, but once the loan closes going forward you only have the down payment tied up in the property correct? That should make your cash and total ROI much higher.
Posted on 6/17/15 at 6:51 pm to I Love Bama
Care to share where you got the spreadsheet? I'm sure there are prefabs out there but search can be bitch 
Curious to rummage through one. If not, that's fine, I'll spend time digging it up.
Curious to rummage through one. If not, that's fine, I'll spend time digging it up.
Posted on 6/19/15 at 7:55 am to I Love Bama
Why do you have $850 as the rent amount at the top and then $750 is the amount when you start your 15 year revenue income section?
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