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The Surprisingly Simple Math To Retiring On Real Estate

real estate calculatorWhen I graduated from high school, one of the first things my dad did was take me to a Dave Ramsey seminar.

Being an 18-year-old “man” with my entire adult life ahead of me, I wasn’t crazy about the idea of spending an entire Saturday listening to someone yell at me about getting out of debt and saving for retirement. Nevertheless – my dad seemed to think it was important, so I went along.

At the end of the day, my mind was blown – I walked away from that seminar with a radically different outlook on my financial future. It was one of those rare, life-changing experiences where all the information instantly resonated with me – simply because I knew it was true.

One of the biggest “aha moments” I took away from that day was an illustration about the power of compound interest. I tore the page out of my program (over a decade ago now) and I still have it:

Dave Ramsey IRA Spreadsheet

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The real significance of this illustration is that it shows the power of starting early. When a person starts saving for retirement at a young age – their end result will FAR EXCEED a person who starts later in life – even though the person who started later will have invested far more principal over the long haul.

The paradox of the situation is that most 18 year olds couldn’t care less about saving for retirement – it’s one of the last things on the mind of a young person (especially when they don’t have such an obvious illustration showing them what to do). I was extremely lucky because when I first saw this illustration, I was 18 years old AND I decided to implement it (and I’ve been maxing out my Roth IRA almost every year since then).

Some people try to downplay this illustration with the argument that a 12% ROI over the course of 40+ years is totally unrealistic – but even with a less-optimistic assumption about your average return on investment, the undeniable power of compound interest remains the same.

Real Estate as a Retirement Vehicle

Most of the retirement calculators on the internet assume that your money is getting plugged into a mutual fund (or some other investment product that you don’t have to think about). While it’s certainly nice to invest in something this easy – there is also the potential for far higher returns if you’re willing to deal with a slightly more complex investment like real estate (and the ups and downs that come with it).

So what would an investment calculator look like if we applied it to real estate instead of the stock market?

How soon can you retire?

It all boils down to three simple things:

  1. How much money you need to live on.
  2. How much you’re willing/able to invest.
  3. The ROI you’re able to get on each new property.

If you don’t already know the answer to #1, check out Tim Ferriss’ monthly expense calculator to get a better idea.

So let’s try and apply this to real estate! Suppose an investor has a goal of retiring and living off the income generated from their rental properties. In order to do this, we need to make a few assumptions:


  • On average, your goal is to earn a 15% cash-on-cash return on all the properties you buy during your active investing years (and if you’re buying the right properties, a 15% ROI should be feasible).
    • As explained in this post, a property’s ROI is calculated as the property’s gross income minus any/all expenses, vacancy, property management costs, mortgage principal, interest, taxes, insurance costs, etc.
  • You will be financing all of your properties with 30 year mortgages at an interest rate of 5%.
  • After 25 years of investing $5,000 annually, you will STOP all new investment and instead, you will start siphoning off half of your 15% returns to cover your living expenses.
  • The other half of your 15% ROI will continue to be reinvested into your portfolio. As such, your real estate investments will continue growing without any new principal investment from you (so in theory –  your income will continue to grow and will support you indefinitely).

Here’s how this model would look:

7-1-2014 10-54-48 PM

Here’s how each column is calculated:

  • Timeline: This is showing the number of years that you are actively investing in your real estate portfolio (i.e. – if you were 18 years old in Year 1, you would be 78 years old in Year 60).
  • Principal Investment: This is the amount of new principal (outside money, directly from your pocket) you are investing into your rental property portfolio each year.
  • Annual Profit: This is the annual net income you are earning from your real estate investments by the end of each year (the example above assumes you are earning a 10% annual return on your total investment to date).
  • Withdraw for Living Expenses: This is the amount you are pulling from your Annual Profit to cover your living expenses (or to spend wildly on whatever your heart desires).
  • Total Investment: This accounts for your annual Principal Investment PLUS the sum of your prior year’s annual profit minus living expenses (i.e. – your total investment/reinvestment into new rental properties each year).

The challenge with creating a retirement calculator for real estate is that (as you probably know) it’s not always feasible to buy rental properties in exact chunks of $10K each year (or however much you feel like investing each year). Mutual funds DO allow for this kind of simplicity, but rental properties have many more factors and variables involved, like:

In order to create this kind of calculator, you really have to streamline things a bit – but even so, it doesn’t necessarily mean the calculations are unrealistic. For example – if you can’t consistently find a deal each year that requires exactly $5K of new money – perhaps you can find one deal every other year that requires $10K? Perhaps you can find one every three years that requires a $15K injection? The chart above certainly oversimplifies the formula, but it still points you in a reasonably accurate direction.

The Added Benefits of Rental Properties

When I’m looking to retire on real estate, I am focused almost entirely on the cash flow of each property (because this is precisely what is going to pay my bills – now and in the future) but even so, there is FAR more to the story of rental properties than focusing solely on cash flow.

A few particularly relevant factors come to mind that should undoubtedly make rental properties a more compelling investment than other conventional retirement vehicles (on paper, anyway). The following factors are pretty commonly known among real estate investors – but I think they’re still worth reiterating (because these benefits are rather specific to real estate).

1. Real Estate Offers Significant Tax Advantages.

Thanks to “phantom expenses” like depreciation and interest (assuming you’re making loan payments on each property), you are practically guaranteed to pay less taxes on the passive income you generate from rental properties. This is a HUGE motivator for many real estate investors.

2. Real Estate Almost Always Appreciates in Value.

I say this with 3 basic assumptions in mind:

  • You bought your property at the right price (i.e. – one that allows for at least a 15% annual cash on cash return).
  • You didn’t acquire it during an obvious bubble in the market.
  • You’re planning to hold each of your properties for a period of at least 20+ years.

In most cases, even if you’re unable to check all 3 of these boxes, your portfolio of rental properties is still very likely to increase in value over the course of a few decades (and in most cases, it will increase significantly).

3. The Majority of Your Portfolio will be paid for by OPM (Other People’s Money).

Probably the most beautiful aspect of rental properties is that in most cases, the investor (aka – YOU) only needs to pay for a small portion of the total value of each property.

Conservatively speaking – most conventional lenders will require an investor to cover at least 20% of the purchase price for a single family home and 25% of the purchase price for a multi-unit apartment building or commercial property.

Assuming you did your homework upfront and bought a property that actually makes a profit after all expenses are paid, 100% of your outstanding loan amount should effectively be paid off by your tenants. It’s as easy as 1-2-3:

  1. Your tenants pay you their rent.
  2. The rent payments end up in your bank account.
  3. Your lender will deduct a portion of these monthly payments from this pool of rent revenue – leaving a the remainder for you to:
    1. Pay your property manager.
    2. Make improvements to the property.
    3. Pay yourself (in the above example, this would come out to at least 15% of the money you originally invested – hence the 15% ROI).

If your properties are profitable (which is crucial, btw), there should be more than enough to pay everybody (including yourself) each month.

There is no other retirement vehicle on earth that boasts all 3 of these benefits (and each of these benefits are a big deal in their own right).

Let’s take a look at the same illustration above – only this time, we’re going to add in the collective liquidation value of your real estate portfolio (this shows the entire cash value that you could theoretically pull out of your properties if you decided to sell everything at any given year in the timeline). Again, here are our assumptions:

  • There has been NO appreciation on any property since your date of purchase (this is a very conservative assumption, btw)
  • Your lender required you to inject 25% into each property (another overly conservative assumption – since many properties will require less of a down payment)
  • On average, you will be able to obtain 30 year mortgage financing on all your properties with an interest rate of 5%
  • We will be deducting the collective mortgage balances on all of your properties in each given year (so you can see both the gross value and the net value of your entire real estate portfolio during each year).

7-1-2014 10-54-48 PMa

It’s a lot of numbers – I know…   but there’s an important point here.

Do you see that grey column on the right? When you isolate any particular year in the timeline – this is the “liquidation value” you feasibly have at your disposal. There are of course, a few caveats to keep in mind:

  • Liquidation Speed: Real Estate is NOT a “liquid asset”. In other words, you should never assume that you can instantly convert a property into cash (whereas, you CAN do this with publicly traded stocks and mutual funds). So, while these numbers for “Net Real Estate Equity” may look impressive, keep in mind that the speed at which you can convert each property to cash will depend greatly on the real estate market if/when you try to sell.
  • Market Value: A property’s value (or lack thereof) is seriously contingent on the market in which you try to sell it. There will be times when a property is worth MORE than it was when you bought it, and there will be times when a property is worth LESS than it was when you bought it. With this in mind, the chart above assumes that each property’s value has neither appreciated nor depreciated since your original date of purchase.


A few things come to mind as I look at these charts:

  • For the average investor, building a huge source of passive income from rental properties is usually not going to be a “fast” process.
  • In order to reach “ultra-rich” status, you need to start sooner rather than later.
  • Cutting your ROI on each property in half (from 15% to 7.5%) will have a significant negative impact on your end result.
  • Changing the interest rate and/or term of each mortgage has a surprisingly minimal effect on the rate at which real estate equity grows.
  • The amount you withdraw for living expenses (and the time you can wait before you start doing this) can greatly fuel or diminish the growth of your cash flow and real estate equity.

Want to speed up the process? You will have to do at least one of the following things:

  • Throw a significantly larger sum of cash into your real estate portfolio each year (especially in the earlier years).
  • Buy properties with a significantly higher ROI (note: you’ll also have to find a sustainable source of these deals that you can pull from year after year)
  • Find a lender who will allow for an injection of 20% or less (rather than the 25% assumption shown above)
  • Find a lender who will charge an unusually low-interest rate (this will be difficult, since most lenders are tied to whatever prime rate is at the time)
  • Wait as long as possible before you:
    • Start withdrawing money to spend on yourself and/or stop investing new dollars into your portfolio (though – once you’ve consistently invested for 10 – 15 years, this starts becoming a smaller and smaller issue).

Calculate Your Road to Retirement

The excel spreadsheet I used above is a bit more complicated than the typical retirement calculator you’ll find on the internet – mainly because it factors in several assumptions that most retirement calculators don’t need to account for:

  • Your required injection for each property
  • Your average interest rate for each mortgage
  • The amortization schedule for each mortgage
  • Your assumed ROI for each property
  • The length of time until you retire
  • The amount you’ll consistently invest each year
  • The amount you’ll withdraw for living expenses – and the amount that will be re-invested
  • The Gross Value, Mortgage Balances AND Net Equity for your entire portfolio in any given year

In the real world – the numbers will rarely (if ever) work out this simply. Nevertheless, this kind of calculator can be quite helpful in giving you a clearer idea for what inputs will be required in order to achieve your desired result. At the very least, it should give you a ballpark idea for what you can reasonably expect to see at the end of your career if you follow your projections until the day you retire.

Want to get your hands on my spreadsheet? Just leave a comment below and I’ll send it to you as soon as I can!

Update: As with most things on this blog, my time has become more constricted and it’s been harder for me to respond to the comments and requests that have come in for this spreadsheet.

So if this is something you’re interested in – I wanted to make it available to you in a more automated fashion, either via purchase or as a freebie when you sign up as an REtipster Email Subscriber. Whichever you prefer, I hope you find it helpful as you’re planning your retirement strategy. Best of luck!

Retirement SpreadsheetNote: When you sign up as an REtipster Email Subscriber (opt-in box below), you’ll get instant access to this item for FREE (along with a truckload of other free tools, calculators, video tutorials and more – as part of the REtipster Toolbox). No pressure of course – the discount is there if you want it.

{ 61 comments… add one }
  • Greg July 3, 2014, 3:36 pm

    Great article. I wished someone had taken me to the seminar when i was young. I am in the Arthur category, but i am aware that with real estate I can catch up in the game. Great Calculator for the rentals to see how they would cash flow in the future as you build equity. I like the visual there.
    Great post as usual!

    • Seth Williams July 6, 2014, 4:22 pm

      Thanks Greg – I appreciate that. Best of luck as you’re building up your own real estate portfolio!

  • Alex July 4, 2014, 8:57 pm

    Hey Seth,

    Just read the article and watched the video. Awesome job man and thanks for the info! I’m 33 now and really need to incorporate real estate into my retirement plan. I think I’m going to start with the land investing then possibly branch out later. I look forward to messing around with this spreadsheet. Thanks again!


    • Seth Williams July 6, 2014, 4:21 pm

      Hey Alex, absolutely! I’ll email that spreadsheet over to you right now. Thanks!

  • Christina McCaffrey July 5, 2014, 12:32 am

    Very well writtem article! I’m a full time Realtor and an investor and I’m very interested in reading more. Can you also send me the excel worksheet?


    • Seth Williams July 6, 2014, 4:19 pm

      Hi Christina – absolutely, I’ll email it to you right now. Thanks for checking out the article!

  • Stuart July 6, 2014, 7:21 pm

    Love the article. I wish someone had told me about rentals early on. Now I advise everyone to keep their homes when they move as rentals – a couple have done this and are so grateful for the advice. I want to retire on rental income within 7 years

    Thanks for emailing the spreadsheet over!


    • Seth Williams July 7, 2014, 12:14 pm

      No problem Stuart – thanks for your comment. Check your inbox for the spreadsheet!

  • Tim Bloedow July 9, 2014, 12:47 pm

    Many thanks for this. Question. Your video answers one question – that the $5,000 invested is annually. That being the case, in your chart, why does your last column (Total Investment) not read: $5,750, $11, 613, $17,604, etc., instead of $5,750, $6,613, $7,604? Thanks.

    • Seth Williams July 9, 2014, 1:24 pm

      Hi Tim – that is a GREAT question. The “Total Investment” column only reflects the dollars invested in that year (not over the entire course of the entire investing career).

      Your question raises a good point though. I had thought about adding another column laying out the total career investment, but thought it would muddy up the waters and make the chart more confusing. Do you think it’d be helpful if I added another column showing the total investment as you’re describing it?

      • Tim July 11, 2014, 6:58 pm

        Perhaps, or just clarify the column that’s there. You’ve already done a lot of work for us with what’s here. Many thanks.

  • Victor July 14, 2014, 9:04 am

    I recall being told this advise when I was in high school. I wish I would have listened. Now I pass this advice down to others. As for me, my wife and I kept our first home as a rental. We are moving into land investing next. Thanks for the post and creating this blog.


  • Eve July 17, 2014, 10:50 am

    Financial planning is the best gift the parents can give to their children, unfortunately most of them don’t get it, you are very lucky!
    Do you favor residential real estate vs. commercial real estate? I like Commercial retail real estate for the ease of the management with good cash flow with the right deal, of course it cost more. What are the cons. you see investing in commercial retail real estate?

    • Seth Williams July 17, 2014, 5:31 pm

      Hi Eve, certainly – I don’t own any commercial real estate right now, but I’d love to as my portfolio gets bigger.

      The only real “con” I could see is that commercial buildings are generally more difficult to get occupied – for a number of reasons (especially when the market is bad)… not to mention, the numbers are usually a lot bigger all the way around – so if your building becomes vacant, you’d better be able to handle a vacancy for several months if need be.

      On the same coin, when you do get tenants, they’re usually long term ones (and again – the numbers are a lot bigger, which means you stand to make a lot more money than with a residential property).

      Great question – thanks for asking!

  • Joseph Atkin July 19, 2014, 2:35 pm

    Great post, Seth. Just read it and watched the video. I’m getting closer to starting in land investing, in addition to buying my first rental property. Can you please send the spreadsheet? Thanks!


    • Seth Williams July 20, 2014, 2:55 pm

      Hi Joe,

      Absolutely – I’ll send it over to you right now. Thanks for the comment!

  • Derek Lukas July 23, 2014, 9:28 pm


    This is a really great calculator that you have built! It is great to see someone sharing these types of tools and knowledge so openly. I just finished listening to podcast 039 over on biggerpockets.com which featured you as the guest. I enjoyed the show so much that I decided to check out your website. I’m impressed- very fun site with some good stuff! I’m looking forward to playing with the workbook if you still do not mind sharing it.

    A great many thanks!


    • Seth Williams July 24, 2014, 9:19 am

      Hi Derek,

      Thanks man! I’m glad you’re getting a kick out of this blog. 🙂 I’ll send you the retirement calculator shortly.

  • Doug July 30, 2014, 3:16 pm

    Thanks for your effort and your willingness to share! I also attended a Dave Ramsey program 10 years ago which really help but now, I’m on the path using real estate investing.

  • Don Lawlis August 19, 2014, 7:29 pm

    I wish I knew then at 18 what I know now at 52…I am finally going to take the plunge and make my retirement from Real Estate…Still trying to figure out the details… Thanks, Don

    • Seth Williams August 19, 2014, 10:41 pm

      It’s never to late to get started Don. Thanks for reading!

  • Terry August 25, 2014, 6:24 am

    I’m 19 and am going to take the plunge and dive into the Real Estate Game…I always win when I play Monopoly so hey I guess I’d try the real thing …

    • Seth Williams August 25, 2014, 12:17 pm

      Makes sense to me. Monopoly & the real world are pretty much the same thing. 🙂

  • Brandon Gardner October 3, 2014, 1:59 am

    Great article! I look forward to reading more of your posts!

    • Seth Williams October 3, 2014, 11:53 am

      Thanks so much Brandon – glad you got something out of this!

  • Mark December 17, 2014, 10:02 pm

    Great information! Can i get your calculator emailed to me?

    • Seth Williams December 18, 2014, 9:21 am

      Hi Mark, absolutely – I just emailed it to you. Good luck!

  • Ari January 23, 2015, 3:54 pm

    Solid information, clearly (and, perhaps more importantly, credibly) presented. Question: as more people enter into this “game,” it seems to me that the opportunities/margins (i.e. ROI) will narrow at an increasing rate. Have you seen that happening yet, since you first started investing in real estate?
    Also, if you could please send your spreadsheet, it would be much appreciated. Thanks!

    • Seth Williams January 23, 2015, 4:16 pm

      Thanks Ari! Yes, I think we will see more narrowing of margins as real estate continues to become a “hot commodity” again. However, that’s not to say you can’t find deals with GREAT margins if you’re just looking in the right places (you don’t have to go along with the higher asking prices that sellers are demanding these days). If you know how to find motivated sellers (hint: it’s usually where nobody else is looking), the margins are still there to have an amazing ROI.

      Great question, btw – thanks for asking!

  • Josh January 24, 2015, 6:07 pm

    Great article! Can you please send me the spreadsheet?

  • Gene January 28, 2015, 6:42 pm

    Great article Seth thanks, can I get the spreadsheet ?

  • Terry February 10, 2015, 11:52 am

    Really cool stuff man, me and my brother are looking to start investing into the real-estate market and this kind of information is super helpful.

    • Seth Williams February 10, 2015, 5:26 pm

      That’s awesome Terry! The plan really can work if you stick to it. Let me know how it goes for you!

  • Chris Gankas November 15, 2015, 1:12 am

    I like the article. I was searching the web for a spread sheet that would help me calculate more clearly what my future income will be from my rental properties when I ran across your article. Still in search of the all encompassing spread sheet that will help me figure out how much money I can expect to collect from rents that will factor in rental increases and increases in property taxes and utilities, and even a line item that will account for the date when you have to stop writing off depreciation, because that will clearly affect your income. Not sure if there is such a spread sheet, so I’m thinking it may be one that I have to create for myself.
    I have a question about your spread sheet regarding the Mortgage Balance. I figure I’m missing something, because I don’t know why this balance is growing as time goes on, shouldn’t it be decreasing? Unless you are calculating it as depreciation that is written off on your taxes and will have to be paid back when you sell the property which will have to be subtract from your “Net Real Estate Equity”. Try to help me understand what’s going on in that column.

    • Seth Williams November 15, 2015, 12:31 pm

      Hi Chris, the mortgage balance is going up because the calculator is using the assumption that you’re taking out new mortgages/loans with every new property you buy. Which means that even though the balances of each individual mortgage are going down each month, the cumulative balance is going up (because you’re adding new mortgages on each month).

      At whatever point you stop buying new properties, the balance will trend down like you’re expecting… but as long as you’re in expansion mode, the cumulative balance will continue rising.

      Does that make sense?

  • Leo December 11, 2015, 1:07 am

    Thanks for the article!

  • Li Yu February 11, 2016, 1:13 pm

    I am doing this now, and would like to see someone summarize it for me, and would love to have that spreadsheet!

    Thank you

    • Seth Williams February 11, 2016, 2:28 pm

      Hi Li – if you sign up for the email list you can get access to it for free!

  • Steve Wallace June 14, 2016, 5:41 am

    Hi, I signed up to your newsletter to receive your excel retirement spreadsheet. I can’t find it anywhere on your site. Can you send it to me? Steve

    • Seth Williams June 14, 2016, 9:55 am

      Hi Steve, I just sent you an email on this. Let me know if you need any more help!

  • Debbie Jackola June 26, 2016, 10:36 am

    Great article.

    I was lucky enough to attend a “No Money Down” seminar when I was about 24. The guys name was Robert Allen. What I learned there was that there are not a lot of no money down deals (Although over the years we have purchased 2 properties this way) but, I decided to get my real estate license and sold for about 17 years.

    My husband and I are 51, only have 11 units, but we refinanced the majority of them 13.5 years ago and already paid 2 of them off. We are looking forward to that date in 2018 when will will be able to live off of OPM…LOL We have been frugal, worked hard and lived the way Dave Ramsey says. “Live like no one else, so someday you can live like no one else”.

    We don’t own millions of dollars of real estate, but we own enough to be comfortable with our lifestyle.

    So, the moral of this story is, start young!!!

    • Seth Williams June 27, 2016, 10:23 am

      Thanks for sharing your thoughts Debbie! Great to hear about your experience.

  • Matt July 13, 2016, 12:13 pm

    New to your website and poking around I came across this article.

    On your excel sheet that shows the power of compounding, how do you account for for:
    1) Transaction costs – I can’t see whats behind the scenes but it looks like you are assuming all of the investment translates to equity. (IE you put 5K in and you then 5K of equity in the property. How does that work?

    2) Investing with pre-tax money – you are assuming a 15% ConC return which is very reasonable for a pre-tax return. How are you able to reinvest all your profits pre-tax? Or are are you assuming that the 15% is post-tax return?


    • Seth Williams July 13, 2016, 2:39 pm

      Hi Matt – thanks for your questions! I’m not sure I understand your first question… can you re-phrase that for me?

      As for the annual ROI, the assumption is that this number is post-tax.

  • jack July 18, 2016, 12:43 am

    so give some examples of the 5000 dollar annual investments – I havenet found any proerties I can buy with 5k down

    ie…would 25k on 1 – 100,000 dollar property count for 5 yrs ?



    • Seth Williams July 18, 2016, 10:22 am

      Hi Jack – I understand your question, and you’re right… there are some opportunities like this out there, but generally speaking, most properties will require a bit more than $5K to acquire.

      The number $5K isn’t meant to represent all properties, it’s just a basic illustration for what can happen with whatever amount you choose to invest. For example – you could increase this number to $25K, but spread it out for one injection every 5 years. Alternatively, if you’ve got the cash, you could just as well increase it to $25K every year and watch your earnings go crazy. Use whatever number you’d like to get an idea for what could happen.

  • Chris July 23, 2016, 8:13 pm

    Great article

  • Andy July 26, 2016, 10:29 pm

    I just bought my first condo age 28 and want to add every year a 100k property to rent for around 1k/month, should be good in 5-10 years hopefully.

    • Seth Williams July 27, 2016, 12:01 pm

      Hi Andy – that’s awesome! Nice job getting started. I wish you all the best as you continue to grow your portfolio!

      By the way… if you’re looking for more of a turn-key way to invest smaller chunks of money in real estate, you might want to check out RealtyShares. They offer a pretty nice platform for investors to do this.

  • richard berry August 27, 2016, 5:37 pm

    great article! I started at age 35; now I’m 70. I ran across your article while trying to find out the best way of liquidating the 53 units I have left with the least tax damage, and additionally what to do with the aftertax proceeds.
    My experiences with pro managers is than you loose like lightning. 10 % turns into 20% when they dial the phone to do repairs or rehabs. ouch!!! I have enough properties that I can hire my own private mgr for less. I have two part time maintenance guys working for me, and they do a good job and have been honest.
    one idea for the newcomer: don’t pay too much.
    so do I gamble on the market and dribble them out or sell as fast as I can in this market? and what to do with the proceeds.
    and then we have about 30 building lots out in the path of progress, and over 6000 acres of ranchland. land hasn’t really come up yet. apache junction, mesa, az, and ranch in extreme se az. thanks rb

    • Seth Williams August 29, 2016, 10:13 am

      Thanks for sharing your thoughts Richard! You make a good point, I can see how the efficiency of hiring an outside property manager may be reduced when you’re literally running our own empire and you can afford to hire your own people. Managing a couple properties efficiently is probably a different ballgame than managing hundreds of properties efficiently.

      I appreciate the comment! Keep up the good work. 🙂

  • Kyle Payne September 1, 2016, 11:36 am

    AWESOME AWESOME AWESOME. This is exactly what I’ve been looking for and trying to create myself! I was having a hard time making my own spreadsheet do what I wanted, with mortgage paydown and equity increase. I’m 22 now and am focusing on flipping and adding rental properties to my portfolio each year. Your spreadsheet is perfect for seeing where I’m at and the steps I need to take to reach my goals. Great work man!

    • Seth Williams September 1, 2016, 2:29 pm

      Awesome Kyle, I’m glad it was helpful! Thanks for the comment. 🙂

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