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Property DetailsProperty AddressThis could be the address, or another name for the property
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Purchase Price$800,000.00Price of the listing from the MLS listing
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CommentsAny specific comments about the property ie good walkscore, needs lots of landscaping.

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DownpaymentDownpayment %20.00%What % are you putting down?
At least 20% for a rental property.
Higher downpayments will reduce your mortgage payments.
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Cash Downpayment$50,000.00This is money that you have available in savings or investments. Money that is NOT borrowed from your Line of Credit
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IncomeRent/Mth$4,000.00Have a look at craigslist and facebook marketplace at comparable listings in the neighborhood.
The average of 3-5 comparable listings is a good estimate, the larger the sample size, the better.
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Vacancy Rate0.00%For eg. If you plan on using the property during the summer for three months, that would be 3/12=25% vacancy rate
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Loan DetailsInterest Rate4.00%Your mortgage broker can tell you this
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Prime Rate5.95%
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Annual Property Tax$3,500.00Property tax, from the MLS Listing
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Strata Fee$0.00Strata fee from the MLS Listing
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Estimated Appreciation Rate 3%This is the potential appreciation rate annually in the area you are purchasing. You can ask a local real estate agent for specific statistics if not sure
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This is the only place you need to enter information - the rest is automatically calculated for you in the following tabs
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