$149.99
Short Term Rental Calculator:
Hi my name is Jason Griggs and I have developed an easy-to-use Microsoft Excel spreadsheet to quickly and accurately analyze the numbers on any short-term / AirBNB type vacation rental property to determine if it's a good deal or not. You simply enter the property and financing information in the white cells and it will automatically calculate:
Total Cash to Close (Down payment + Closing Costs)
Mortgage Payment (Principal + Interest)
Estimated Cost to Furnish & Rehab the property
Total Initial Investment
Income & Operating Expenses
Net Operating Income (NOI)
Cash-on-Cash Return on Investment (COCROI),
Capitalization Rate (Cap Rate)
The spreadsheet also has a 10 year projection analysis which includes year over year change in:
Income
Expenses
Cash Flow
Appreciation
Equity
Mortgage principal paydown
Tax Savings (depreciation & mortgage interest)
Total Return on Investment
IRR
I am more than willing to answer your questions and guide you through this process. You got this! If you have any questions about the short term rental business please reach out to me on Instagram @Jgriggsrealestate