Investment Property Calculator Help

The Investment Property Calculator Help Guide Use the guide below to learn more about specific fileds and their use. Field Name Field Description Property Address Physical address of property Type of Property Description of property; i.e. duplex, four-plex, condo, etc. Purchase Price The total purchase price of the investment property Down Payment % Down payment as percentage of purchase price Less Deposit Less earnest money or already deposited funds Down Payment Down payment less deposit Amount of Loan Loan amount less down payment Interest Rate Expected interest rate for loan Term of Loan in Months Term of loan in months (360 months = 30 years) Loan Fees Expected closing costs for loan Mo.Payment P&I Monthly principle and interest payments for loan and Yearly principle and interest for loan Gross Scheduled Mo.Income Gross scheduled monthly income from rents Less Vacancy % Percent of expected vacancy Gross Operating Income Gross operating income = scheduled income less vacancy Property taxes as percentage of gross operating income This is helpful when comparing similar properties Property Taxes Annual property taxes for property and property taxes as percentage of gross operating income- this is helpful when comparing similar properties Insurance Annual insurance costs Electricity Annual electricity costs Natural Gas Annual natural gas costs Sewer Annual sewer costs Water Annual water bill costs Garbage Annual waste removal costs Management % Professional management fees as a percentage of gross income Maintenence Annual maintenance costs Advertising Annual rental advertising costs Telephone Annual telephone costs Lawn Care & Snow Removal Annual lawn care and/or snow removal costs Pest Control Annual pest control expenses Miscellaneous Miscellaneous expenses Total Itemized Expenses Total of all annualized expenses Totals Total of all annualized expenses and total of all annualized expenses divided by gross operating income Marginal Tax Bracket Investor's income tax bracket Annual Expense Increase Rate Annual percentage increase of expenses Rental Income Rate Increase Annual percentage increase of rental income Property Appreciation Rate Annual percentage increase of investment property value Year Purchased Year property will be purchased Initial Start up Costs Initial startup costs of fix up cost property requires Percent of Structure vs. Land Percentage of property value versus land value Yearly Depreciation Allowance Annual percentage increase of expenses Total Amount Invested Down payment plus loan fees plus fix up costs