Don't Wait to Buy Real Estate, Buy Real Estate and Wait!
Investing in Real Estate can be a powerful tool to build wealth and passive income at the same time.
Mortgage Payment Calculator & Amortization Table
Use this to help find out what your loan payments will be when analyzing a property
This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.
Important Formulas to Remember When Analyzing Your Investment
Net Operating Income (NOI): Income before you pay debt service (loan payment)
Rental Income (less vacancy rate) - Operating Expenses
Capitalization Rate (Cap Rate): Rate of return the cash from your business is generating
NOI / Purchase Price
**If we know the property financials and what cap rate we are seeking, an investor
can make a reasonable offer based on these factors, plus any capital
Net Income: Income after operating expenses and debt service is paid
NOI - (Principle + Interest)
Operating Expenses Include, but are not limited to:
Utilities paid by Owner Vacant Utilities Property Taxes Property Insurance Maintenance
Property Management Accumulated Depreciation Administrative Costs Marketing