The Real Estate Investor's Pocket Calculator: Simple Ways to Compute Cash Flow, Value, Return, and Other Key Financial Measurements - Softcover

Thomsett, Michael

Softcover

ISBN 10: 081443889X ISBN 13: 9780814438893

Publisher: AMACOM, 2017

Synopsis

With real estate investing on the rebound, more and more people are jumping into the market. But not everyone is finding equal amounts of success. Why do some investments turn into gold mines and some into money pits? Oftentimes, the return on investment hinges less on the physical property and more on the math. If they had taken the right measures beforehand, they would've realized that the numbers just didn't add up. Before your next real estate investment, you need to ask things like: Have you measured every component of value, such as cash flow, income taxes, financing, and investment yield? Do you know which calculations to use on specific properties? Have you weighed all the risks? The Real Estate Investor's Pocket Calculator helps you analyze the financial picture before shoveling out the money. Simple explanations, worksheets, and more than 100 Excel formulas will have you crunching numbers like a pro. Just like the professionals, you will learn how to: - Gauge supply and demand- Project return on investment and equity- Analyze present and future value- Calculate cash flow- Make accurate tax projections- And more--before you commit capital!Fewer mistakes and less guess work. Larger returns and even more opportunities for additional investments . . . It's all possible now with the help of this invaluable resource!

About this title

From the Back Cover:

Despite cyclical periods of stagnation or decline, real estate remains one of the best long-term options for securing financial freedom . . . if you know what you're doing.

Turning a profit goes beyond finding great properties at good prices. It requires analyzing mortgages, weighing risks, and projecting cash flow. It means mastering finance, valuation, and calculations--skills that most investors lack.

The Real Estate Investor's Pocket Calculator helps even math-challenged investors crunch numbers like financial pros. With more than 100 Excel formulas and clear explanations of how, when, and why to use each, the book covers every area that can make or break a deal, including how to:

- Gauge supply and demand by neighborhood and property type

- Project return on investment and equity

- Analyze present and future value

- Understand appraisal approaches and why market values are usually lower than what you pay

- Evaluate mortgages and factor interest rates into total costs

- Calculate rental income and cash flow--the key to successful real estate investing

- Compute internal rate of return and debt coverage ratio

- Make accurate tax projections, including depreciation and capital gains

- Evaluate lease options and pooled investments

- Balance escrow and closing, and much more

Complete with new formulas, worksheets, instructions for keeping track of revenue and expenses, and more, The Real Estate Investor's Pocket Calculator ensures that your real estate bets pay off big.

Michael C. Thomsett is a financial writer whose books include Getting Started in Options and Getting Started in Real Estate Investing. An experienced investor, he has successfully owned and managed as many as 12 properties at a time.

About the Author:

MICHAEL C. THOMSETT is a financial writer whose books include Getting Started in Options and Getting Started in Real Estate Investing. An experienced investor, he has successfully owned and managed as many as 12 properties at a time.

About this edition

• Publisher: AMACOM
• Publication date: 2017
• ISBN 10: 081443889X
• ISBN 13: 9780814438893
• Binding: Paperback
• Edition number: 2
• Number of pages: 288