How to Calculate Numbers on a Rental Property
Discover our straight-forward and easy to use formula for calculating the numbers on a prospective rental property purchase.
Welcome to Hipster’s first how-to video! I’m going to show you how to run quick numbers on a rental property. You can use this easy and fast formula for any property you’re looking at. I’ll be behind the scenes doing the calculations on my white board and calculator (yes, it really is that big!) to show you how it works. This is an actual rental property I’m using as an example, including the actual purchase price and numbers. (You have to love my handwriting!) You always want to verify the numbers you run before you buy any property (for example, with a property manager), but it helps to do your homework first. This particular house is in Indianapolis and gets $1,075 in rent. It was built in 2002. Super cute little house: three bedroom, two bath. But all we care about right now is the numbers…
Want to know more about the latest deals? Subscribe to our Newsletter: you a responsible professional ages 30-49 and want to make smart investments?
Have you thought about real estate investing but ruled it out because it sounded complicated or risky?
Do you want to grow your money, but are worried about scams and ripoffs?
Are you a cool person who I’d just enjoy saying “hi” to?
If you answered “YES” to any of those questions, then we should talk. I help people just like you to find smart, safe, passive real estate investments so your money is working hard for you, even if you lack real estate investing knowledge.
If you’re cautious or nervous, then I can help you get educated on the best real estate investments possible and guide you towards getting that first investment property under your belt. When the passive income starts flowing, you’ll be hooked and be ready for more properties, and I can introduce you to actual high quality deals and partners that I would, and do, actually invest in myself. I promise, I won’t refer you to anyone I haven’t personally bought through myself. (true story)