Property Analyzer - Rentals

The Property Analyzer tool inside REI BlackBook can be used to analyze different types of real estate investing deals. Follow the instructions below to know how to run a property analysis for a rental scenario.

1. From your account's Dashboard click on Deals and select Property Pipeline from the drop down menu.
   
   
   
2. Select the property that you want to analyze by clicking on the property address.
   
   
   
3. Click on the Analyzer tab.
   
   
   
4. Click on the Acquisition tab.
   
   
   
5. Under What are your purchasing assumptions, choose Rental.
   
   
   
6. Fill out the form under What is your financing strategy? section.
   
   
   
7. Click on the Expenses tab.
   
   
   
8. Fill out the form under What is your expense assumptions? section.
   
   
   
9. Click on the Income tab. 
   
   
   
10. Fill out the form under How does your revenue break down? section.
    
    
    
11. Click on the Exit tab. 
    
    
    
12. Fill out the Holding Period (yr) and Closing costs ($) section.
    
    
    
13. Click on the Reports tab and click on the Cash Flow (View) link, this gives you an overview of how everything breaks down year by year. 
    
    
    
14. Click on the Operating Expenses (View) link, this gives you an overview of what you're expected to pay while holding the property.
    
    
    
15. Click on the Executive Summary (View) link, this gives you a break down of how everything works, all the numbers related to your rental.
    

You have successfully ran a property analysis on a rental deal. If you have any questions or concerns about the information above please contact us at support@reiblackbook.com.