Rental Calculator BallparkDeal

I have used this app to build my $1.5 million real estate portfolio (soon to be $3.1 million). The simplicity and reliability of the calculator has given me the confidence to very quickly analyze deals in just a minute flat. It has saved me a ton of time before deciding on a massive underwriting. The convenience of seeing the numbers change in real time as you change the parameters have been a game changer. I can answer questions like: “what is the minimum rental income this property has to bring in at the current asking price to get me a minimum of 10% Cash on Cash Return?” Or put differently, “given the current rental income on this property, what is the maximum I can offer to the seller to earn a minimum of 10% Cash on Cash Return?” Interestingly enough, I am using this app to coach and mentor learners.

This calculator has been great to use when evaluating real estate deals quickly. It has all the essential inputs to to get you a quick estimate of what your cash on cash return will be, the dollar amount and the overall return. Definitely recommend!!

Used to pull up a spreadsheet on my laptop every time i wanted to run numbers on a new rental. Now it’s just this app for me. All those desktop-optimized programs are a pain when I’m trying to review a potential unit while not at home. This app is the best