Where do I find a good cumulative return calculator?

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I have developed a rental calculator calculator add-on for Excel. Once you enter the property details into the calculator, you will see a entry called "aggregate profit or loss". This shows you the profit or loss at the end of each year. You can also click on the charts at the bottom, and you will see the cumulative returns charted out for you. If you have Excel or Open Office installed on your computer, then you can use the rental property calculator linked below.

 

Cumulative Return Calculator

 

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What do I need to get a mortgage for a rental property?

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You will probably want to contact a lender to see what their requirements are. You will probably need to prove your income and expenses, provide a 10-30% down payment, have some money in the bank as reserves, and have pretty good credit.

 

The property will probably need to have a Debt Service Coverage Ratio (DSCR) at 1.1 or above. You might be able to convince a lender to go down to 0.9, but it could be pretty difficult to do that. Please visit the links below to learn more about the DSCR.

 

What is Debt Service Coverage Ratio?

How do I calculate Debt Service Coverage Ratio?

 

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Where do I find good real estate investment calculators?

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I have several different real estate investment calculators to help you with your current and potential real estate investments. Simply click the link below to see the calculators.

 

Real Estate Investment Calculators

 

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How do I calculate rate on a loan?

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I have developed a calculator that will estimate the interest rate on a loan, provided you know the monthly payment, loan term, and amount financed. Now calculating the interest rate of a loan is not an exact science, but using this calculator will at least get you into the ballpark of the actual rate.

 

Quick Mortgage Calculator

 

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How do I compare rental properties to each other?

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I have developed a rental property calculator add-on for Excel. This add on will allow you to enter information for multiple rental properties, and see them compared on a chart. If you have Excel or Open Office installed on your computer, then you can use the calculator linked below.

 

Compare Rental Properties Calculator

 

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How do I calculate daily rental rate?

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I have designed a calculator that will allow you to calculate daily rent. Simply click on the link below to access my daily lease calculator.

 

Daily Lease Calculator

 

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How do I buy an investment property if I am a renter?

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A renter is free to buy any investment property they wish, as long as they have (or can obtain) the funds necessary to close. The first real estate investment a renter should make is to own the home they live in. It is pointless to own an investment property, but continue to pay out rent to someone else. Why not just eliminate the rent payments, and pay on a house that someday will be paid off. If you can afford two payments, you could buy two investments instead of paying rent on one property and owning another.

 

Finally, the very first investment one should make is to pay off any debts they owe. There is virtually no way to carry a debt, invest in real estate (or anything else), and be ahead. Pay off the debts first, then make investments.

 

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What does the Colorado exclusive right to buy contract look like?

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Click to download a copy of the
Colorado Exclusive Right to Buy Contract.

 

Click for more contracts or to make sure you are downloading the most current copy from the State of Colorado.
Colorado Division of Real Estates Approved Forms.

 

Colorado contract to buy and sell real estate January 2008

 

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What is the average ACT score in Colorado?

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The average ACT scores are printed on the CSAP School Accountability Reports. The average reading ACT score was 19.41, the average writing ACT score was 18.28, and the average math ACT score was 19.16. These scores were taken from the School Accountability Reports for the 2007 school year.

 

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Where do I find a good open office mortgage calculator?

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I have developed a rental property calculator add-on for Open Office. If you have Open Office or Excel installed on your computer, then you can use the rental property calculator linked below.

 

Open Office Mortgage Calculator

 

If you do not have Open Office or Excel installed on your computer, click below instead to see a list of web based mortgage calculators.

 

Web Based Mortgage Calculators

 

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Additional Matches: Open office mortgage calc, Open office mortgage calculate, Mortgage calculator open office, Mortgage calculators excel, Debt service calculation in excel.

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