Rental-property analyzer
A rental is not an address. It is a small operating business.
The first number is only the beginning.
The chart will name the assumption carrying the most weight once the model runs.
| Case | Result | What moved |
|---|
What breaks in the first year?
Counting gross rent as income
This is a first-pass worksheet. Real operations are messier than clean inputs.
What this number is really saying
Rent is not profit. Rent has to survive vacancy, management, repairs, debt, and the month nobody planned for.
The assumption to attack
Increase repairs, vacancy, and reserves before you believe the cash flow number.
What the math is ignoring
Tax reassessment, leasing friction, bad tenants, insurance surprises, and your own time.
Headline, stress, proof.
- Start with the headline result.It names the current modeled answer, not the decision.
- Compare the stress cases.The scenario strip shows which assumption makes the answer fragile.
- Use the ledger as a diligence list.Every input should map back to a document, invoice, statement, term sheet, or named assumption.
Documents before confidence.
Lease ledger, rent roll, repair history, tax and insurance bills, management agreement, and reserve policy.
Stress before trust
- Counting gross rent as income
- Zero reserves
- Self-managing without pricing your time
Make the model answer.
- What breaks in the first year?
- Who handles turns?
- How much cash survives after reserves?
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