All Topics / General Property / Number Cruncher

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  • Profile photo of js2js2
    Member
    @js2
    Join Date: 2003
    Post Count: 758

    Just made a new number cruncher you know when you want to do quick rough numbers on a deal.

    So that it does yield, 5% purchase costs, deposit, Interest, CoCR, costs to run it, that type of stuf.

    Made one for that all you do is enter two numbers: Property price and The Rent and that’s it, it gives a readout like so.

    Can then just copy & paste the rough numbers into the forum to have a yack about the deal.

    Didn’t know what to call it so called it ‘Number Cruncher’
    http://www.jaffasoft.com/property/number_crunch.html

    Hope you find it handy I know I will, been meaning to get around to making it for a while.

    Property Price = $100000
    Rent = $230
    Yield = 11.96%
    Total annual rent = $11960.00
    Interest for a year= $6785.04
    Total yearly expences = $2500.00
    Yearly Profit = $2674.96
    Total purchase costs = $25000.00
    Cash On Cash Return = 10.70 %
    Positive Cashflow Weekly = $51.44

    Deposit = $20000.00
    Loan Amount = $80000.00
    Purchase costs = $5000.00
    Weekly Loan Repayments = $130.48

    Also put a few pionters and steps for how the numbers are crunched so can learn how to do it yourself.

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