Posted about 4 years ago

How to Quickly Evaluate a Real Estate Deal

There is a common saying among real estate investors, “Review 100 deals, make offers on 10, purchase 1.”

When I first began investing in real estate, I could not see how this could possibly be true. Who really goes and looks at 100 properties just to get a single deal?

It wasn’t until I was speaking with a fellow investor that I learned my mistake: you don’t physically need to see 100 deals in person, you just need to find 100 deals to evaluate. Obviously it takes time to evaluate 100 deals, so it makes sense to find a way to quickly evaluate deals.

I ended up creating a spreadsheet for quickly evaluating deals. Many of the formulas that I used came from the book "What Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures". My goal was to be able to enter a few pieces of data and quickly analyze a property using multiple formulas. I then wanted a quick way to determine if the property was worth a further look. Below is the breakdown of the spreadsheet that I currently use.

Property Details

The first section is pretty straightforward. Enter basic information about the property. Orange cells require user entry.

estimation_sheet_property_details

Purchase Details

The second section gets into more of the financials. Again orange cells need to be entered. Gray cells with orange text are calculated and black cells do not apply. This section contains information about the property itself, the funding to purchase it and the cost to renovate it.

estimation_sheet_purchase_details

Rental Information

This section contains information about the number of rentable units and the going rate for rent in the area. It then calculates various relevant information about the rental financials.

estimation_sheet_rental_information

Estimated Financials

Since the point of this sheet initially is to be a quick way to evaluate deals, we use 50% as the operating expenses for the property. This gives us a high level idea of how the investment looks. I like to target at least $100 estimated cashflow per unit.

estimation_sheet_estimated_financials

Calculated Financials (Optional at this point)

As a later step if you want to further evaluate the deal, I have a second sheet where you can break down the operating expenses, which will give you a calculation based on the actual numbers you enter for each line item. I skip this step when doing the initial analysis.

estimation_sheet_calculated_financials

Additional Analysis

This section contains some additional information which may be relevant to you.

estimation_sheet_additional_analysis

Should You Purchase the Property?

And now the magic. The numbers on the page give you a lot of information, but do not make it clear if you should pursue the property. I have determined 3 criteria that I want my properties to achieve in order to pursue them.

  1. Monthly rent (GSI) should exceed 2% of the purchase price (+ renovations)
  2. Cashflow should be $100+ per unit
  3. The debt coverage ratio should be greater than 1.2

Because you entered all of the information above in order to calculate these values, the spreadsheet will now tell you in simple terms if you should purchase the property.

estimation_sheet_purchase_property

If one of the values did not meet my criteria, it show up as red and provides a different recommendation.

estimation_sheet_do_not_purchase_property

What I love about this spreadsheet is how much data it generates and how easy it makes scanning through potential deals. I have added a ton of additional functionality to provide further analysis if I decide to purchase the property, which I will outline in a future blog post.

Here is what the first tab of the spreadsheet looks like put together.

property_calculation_spreadsheet

Original blog located here - http://tom-sylvester.com/business/how-to-quickly-evaluate-a-real-estate-deal/


Comments (194)

  1. Tiny 1507759822 avatar marko65

    Great article! Could I get a copy of your spreadsheet? Thanks!


  2. No avatar

    Hello Tom, and what a great post! I would LOVE a copy of the spreadsheet!  Thanks!


    1. Tiny 1502131839 avatar haneym

      Thanks for the awesome post! Love your advice. Could I also get a copy of the spread sheet? Also FYI, your website does not seem to be working.

      Thanks


  3. No avatar

    Great work here Tom - could I get a copy of your spreadsheet please?


  4. Tiny 1484322884 avatar breezyb1

    Hi Tom - do you mind sending along a copy of the spreadsheet to me as well? Thanks! 


    1. No avatar

      I'd also like to get a copy of the spread sheet if possible, Thank you!


  5. No avatar

    Hello sir - may I get a copy of your spreadsheet?  This was an excellent article.  Thanks in advance, I really appreciate it.


  6. No avatar
    Hi Tom, excellent post! Would you be able to send me the spreadsheet link too? Thanks very much!

  7. Tiny 1483640118 avatar nitipalak

    Hi Tom - great post!  Would you mind sending me a link as well?  Thanks in advance!


  8. Tiny 1431190279 avatar nickheldreth

    This is a great post! Can you please PM me a copy of the spreadsheet as well. 


  9. Tiny 1404692556 avatar abetteraddrss01

    Me, too!


  10. Tiny 1475118951 avatar vanessam16

    Hello Tom! Thank you for such an informative, comprehensive post! I would greatly appreciate a link to download your spreadsheet as well. Thank you for your contributions to BP!


  11. Tiny 1476262193 avatar jswart

    Great read. Could I get a copy of the spreadsheet? Thanks!


  12. Tiny 1480460654 avatar daniele41

    Amazing post Tom. May I have a copy of that spreadsheet as well and thank you for your help!


  13. No avatar

    Greetings Tom.,

    Thank you for such a great post. I'm looking to do some evals in my area as well. I know this spreadsheet will be most helpful in my endeavors. Would you please pm me the link to the spreadsheet it would be greatly appreciated. Thank you and best of luck in your investing....


  14. Tiny 1477516771 avatar stewartcannon

    Hi Tom. I'm a newbie to REI and have been reading and learning so much from the BP Community! I've seen a few different spreadsheets and read quite a few Deal Analysis articles. Nevertheless I must say I really enjoyed how easy to follow and detailed your post and spreadsheet are presented! 

    I'd also like to receive a link to download the spreadsheet you created. 

    Thank you! 


  15. No avatar

    Hi, new to BP. Would also love to have a copy of the spreadsheet. thks


  16. Tiny 1475165669 avatar josephp75

    Hey Tom, great looking spreadsheet. If I could get a link as well, that would be great. Subscribed to blog as well.


  17. Tiny 1465082249 avatar laraye
    Thank you for sharing, I am a New Investor and this is what I was wondering, how to know if the deal is right. This was great reading.

  18. Tiny 1465082249 avatar laraye

  19. Tiny 1469256232 avatar edwardp8

    Hi,

    Can you please send me the spreadsheet? 

    Thank you in advance


    1. Tiny 1473962592 avatar js44

      Subscribed to your blog, Great article could i get the spreadsheet link? 


  20. No avatar

    Hello everyone. I just joined bigger pockets and I came across this nice article. How can I download the spreadsheet? Thanks. 


  21. No avatar

    Hi Tom, 

    This is great!

    I would love to get a copy of your spreadsheet. 

    Could you please PM me the link? 

    I cannot wait!. 

    Thanks,


  22. No avatar

    Hi Tom! I know you wrote this 3 years ago but any chance you could share the spreadsheet with me? Thanks so much!


  23. Tiny 1464544967 avatar kseniak

    Great job Tom! Can you, please,  PM Spreadsheet to me too....

    Thank YOu


  24. Tiny 1464992892 avatar stevenb69

    Hi Tom,

    Great spreadsheet. Do you think you could PM me the link to it? I would love to use it as a new investor just getting started. Thanks!

    Steven


  25. Tiny 1430865800 avatar nicolejay

    Spreadsheet please :) 


  26. Tiny 1492818110 avatar joshuam43

    Hey Tom,

      It seems like a pain for you to send the spreadsheet out to so many people, but could I please be one more? Thanks in advance.

    JTM


  27. No avatar

    Hi Tom

    Your spread sheets looks incredible. Would you mind sending me link to it? 

    Thank you in advance.

    Best regards


  28. Tiny 1461165593 avatar jonathank31

    Hey, Tom, 

    I am yet another person who would greatly appreciate a link to the spreadsheet. Really enjoyed your article - thanks in advance! 


  29. Tiny 1456857768 avatar bennettm

    Thanks for your post, Tom. The spreadsheet looks extremely helpful as evident by the hundreds of requests. On that note, could you PM me a link as well please? 


  30. Tiny 1455036402 avatar christians23

    Great post Tom ! Could you PM me a link as well please ? Thanks again !!


  31. Tiny 1509025792 avatar scotto14

    Thanks for posting, Tom.  If you get a chance, could you PM a link to your spreadsheet?  Thank you for your help!


  32. No avatar

    Nice post Tom. Could you PM me a link to your spreadsheet as well? Thank you!


  33. Tiny 1451683859 avatar eyan

    Great post Tom ! Could PM me a link as well please ? Thanks again !!


  34. Tiny 1438695053 avatar dillonloomis

    Awesome. 

    Can someone touch on using this vs. using the deal analyzer in the BP tools section? 

    And Tom, would you mind PM-ing me a copy? Would be greatly appreciated!


  35. Tiny 1453730738 avatar cwdavis

    Also would love a link to the spreadsheet. Thanks for this post! 


  36. Tiny 1455897261 avatar loub2

    Can I get a link to the spreadsheet please?


  37. No avatar

    Hi Tom,

    Great spreadsheet.  Just wat Ive been looking for.  Could I get a link to your spreadsheet as well.

    Thanks very much!


  38. No avatar

    Hello Tom, 

    That is exactly what I have been looking for, I would really appreciate it if I could get a link to that spreadsheet.

    Thank you very much,


  39. Tiny 1398786055 avatar slimmatic

    Hey all.  I apologize for not being on here in a while.  Thanks for the great response/feedback regarding the spreadsheet.

    If have sent some PMs out with a link to the spreadsheet.  If I missed you, just send me a PM and let me know and I'll send you a link.

    -Tom


    1. Tiny 1451872135 avatar marceloc1

      Hi Tom,

      Could I get a link to your spreadsheet as well.

      Thanks!

      Marcelo


    2. No avatar

      Hello Tom, 

      May I please get a link to your spreadsheet? Thank you.


  40. No avatar

    Thanks for the article.  Can I get a link to download this spreadsheet?


    1. Tiny 1398786055 avatar slimmatic
      Sent.

      1. Tiny 1445431909 avatar danh29

        Great blog post Tom!  I like your spreadsheet calculator too, can I get a copy?  Thanks for being there for us.

        Dan Hill


    2. Tiny 1398786055 avatar slimmatic
      Sent.

  41. Tiny 1444517270 avatar nathan carter

    Excellent article @Tom Sylvester,  Could I also ask for a link to spreadsheet.  Thanks again for sharing what you have learned.  Nathan


  42. Tiny 1445363432 avatar jmwebs

    Wondering also if that spreadsheet link is still available?  Much appreciated!


  43. Tiny 1444855010 avatar shawnw6

    Great article @Tom Sylvester . This looks like an amazing tool! Would you happen to be still sending out the link? I would really appreciate it! Thanks


  44. No avatar

    Hi Tom,

    Was wondering if you can send me that link?

    Nathen


  45. Tiny 1442406225 avatar ginaa1

    new to BP and wonder if @Tom Sylvester is still sending out link? I would be interested also. Tom article was very informative.  


  46. Tiny 1413034006 avatar cyoder

    Great article @Tom Sylvester. I wondered if you were getting tired of sending out your spreadsheet but have to ask, it seems like a great tool to use in addition to the BP analysis tools that I use several times a week. I look forward to reading your blogs, thanks!


  47. No avatar

    Hello Tom,

    Great blog. Would you please send me a copy of your sheet?

    Thank you,


  48. No avatar

    Hi Tom,

    Could I get a copy as well?  Thanks so much!

    ~Aletha


  49. No avatar

    Hey tom, awesome spreadsheet you got there, i would love to have a copy of it if its possible for you to send me one, Why not upload it in a cloud and put the link here? 

    wishing you the best.

    B.


  50. No avatar

    Hi Tom!

    Awesome, can I get the link to the spreadsheet?


  51. Tiny 1442850846 avatar celey

    Hi Tom. Great article! I'm new to bigger pockets. Can I get the download link to the spreadsheet also?  Thank you!


  52. Tiny 1433858658 avatar cnguyen3

    Hi Tom,

    I love this article and the information it provides. I'd love a link to the spreadsheet as well. Thank you!


  53. No avatar

    Hi Tom,

    This article was extremely helpful in understanding how to properly and quickly evaluate potential deals. Any chance I can get the link to the spreadsheet as well??? 


  54. Tiny 1436039768 avatar maryna

    HI Tom, great article. Can I get the spreadsheet link as well please? Thank you


  55. Tiny 1415917692 avatar ndelsangro

    Hi @Tom Sylvester .  The spreadsheet looks awesome.  Would you be able to provide the URL??  Thank you in advance.

    Nick


  56. Tiny 1409447855 avatar british bruin

    Very helpful -- can I also get a link to that sheet if still available?

    Alex. 


  57. Tiny 1454739787 avatar dwryu72
    subscribing to comments..

  58. Tiny 1454739787 avatar dwryu72
    subscribing to comments..

  59. Tiny 1454739787 avatar dwryu72

    Hi Tom..

    I'm also looking for the sheet!

    Thanks

    @Tom Sylvester


  60. No avatar

    What a great tool. Can you please send me the spreadsheet as well? Thanks in advance.


  61. Tiny 1442016702 avatar josephr7

    Hey tom, Great post. I am brand new to BP and have been searching for what to analyze when contemplating a investment property. I am just curious if you (or anyone) can point me in the right direction to figure out what/how I should be analyzing properties. Thank you.


  62. Tiny 1418752706 avatar jgskupien

    Hi @Tom Sylvester, awesome blog post! I've been voraciously reading blog posts and listening to the BP podcast and feel that I need to actually do something now, or else get trapped in the dreaded analysis paralysis stage, but analyzing deals is the one big area I need to learn more about.

     Might you be willing to share your spreadsheet one more time?

    Thank you kindly!


  63. Tiny 1399770524 avatar eboomer2611

    Hi @Tom Sylvester ,

    Would it be possible to get a copy of the analysis spreadsheet?

    Much appreciated,

    Eric


  64. Tiny 1399763508 avatar austinhajjar

    Great Evaluation!


  65. Tiny 1402229478 avatar azachmy

    Thanks for the post Tom. Do you mind sending me the link to download the spreadsheet. Thanks


  66. Tiny 1446696139 avatar courtneytaylor

    AWESOME POST!!!


  67. No avatar

    Hi Tom, if you could send me a link to your spreadsheet also, I would really appreciate it. Thanks for your help!


  68. Tiny 1404272256 avatar jazzyestates

    I really like this spreadsheet model. Clear and concise. This is really useful for newbies like myself. I'm very thankful when people such as yourself are giving of your information and time. Thanks greatly!;-)


  69. Tiny 1460167657 avatar thescout

    Hey Tom, this looks like it could be very helpful, could I get a copy as well? Thanks!


  70. No avatar

    Hi Tom, please send me a link to your spreadsheet as well. Thank You.


  71. Tiny 1481312598 avatar knapsac6

    Thanks for the great article. I am just getting started into the rental property market and would appreciate if you could please send me a copy of the updated spreadsheet as well. Thanks for all the great posts!


  72. No avatar

    Yes! Wonderful article. I love a copy of your spreadsheet as well. Thanks in advance.


  73. Tiny 1399790524 avatar bmattison

    Hello Tom. I just read your article. Great information, and nice tool. If your still sending out the sheet. I would greatly appreciate a copy. Thanks. Brent


  74. No avatar

    Hi Tom. What a help! And just in time. I have a potential investment on the table (my first!) I'd love a copy of the spreadsheet too. Thanks!


  75. Tiny 1401372370 avatar accelr8

    Hello Tom! Thanks for taking the time to share with the community! I too would like to ask for a copy of your spreadsheet, I'm currently trying to sharpen my game and learn how to quickly analyze deals.


    1. Tiny 1401372370 avatar accelr8

      Actually...went to your blog, subscribed, and downloaded the worksheet template. Thanks again! Don


  76. Tiny 1401714820 avatar stretcharmy

    Tom, sweet spreadsheet. Can I get a copy? Thanks


  77. Tiny 1448387771 avatar ncarey

    Congratulations on hitting #1 for the most comments. It's a great post


  78. Tiny 1419283684 avatar denvrgirl

    Me too please Tom? :) thanks!


  79. No avatar

    Hey Tom, interesting spreadsheet. Would you mind sharing it with me as well please. P.s. A dropbox link might be easy to post here since so many people are asking for it. Thanks!


  80. Tiny 1399739128 avatar chiefanthony

    Tom Great spread sheet, could you pm me a link too. Thanks


  81. No avatar

    Tom, your sheet looks great. Would you be willing to PM me a link to it as well?


  82. Tiny 1399700879 avatar tobinnyc

    Awesome post. As a beginner looking to get started this seems like a great tool. I'd love a copy of the link as well please, and thanks in advance for sharing!


  83. No avatar

    This looks beyond useful! As many have asked, could you PM me the link


  84. Tiny 1399778595 avatar coreyp

    Great article. Could you pm me that link as well? Thanks, Corey


    1. Tiny 1399778595 avatar coreyp

      Never mind, I found the link on your website. Good stuff, thanks.


  85. Tiny 1409846767 avatar acmiles

    Nice logic outputs Tom! I would love to have a look, could you PM me that link? Thanks!


  86. Tiny 1399778272 avatar chazzstewart

    Wow! Fantastic stuff. I've been floating around the website for just a few weeks. Everything is great but this article is my favorite. Is there a chance I can get this sent to me too? Thanks!


  87. Tiny 1440597189 avatar fairchild r

    Tom, Great article, especially for a newbie like myself. I can see how this could be a very valuable tool to have when evaluating properties. Could you please send me a copy of the spreadsheet? Thanks!


  88. No avatar

    Can you send me a link to the spreadsheet as well? Thanks!!


  89. Tiny 1399785027 avatar eligonz

    Tom please send me the spreadsheet as well. Do you know if this will work with Numbers? Thanks!


  90. Tiny 1399767090 avatar edmonds1

    Hello Tom, please ad me to the list of someone who would like a link to your spreadsheet? Thank you


  91. No avatar

    Tom, could you send me a link of your spreadsheet to me as well? Thanks


  92. Tiny 1399784892 avatar michel

    Hey tom can you send me your spreadsheet ..Thanks


  93. No avatar

    Hello Tom - could you send me a link of your spreadsheet to me as well? Thanks!


  94. Tiny 1399781257 avatar gjohnso6

    Hello Tom, Could you please send a copy of the spreadsheet over to me as well? I appreciate it. Thanks, Greyson


  95. No avatar

    Sorry to be late to the discussion, but I would also really appreciate a copy of the latest spreadsheet. Thank you.


  96. No avatar

    Thanks for making your spreadsheet available, Tom. I went to http://entreprenewlyweds.com/real-estate-email-confirmation/ after confirming your email and downloaded the spreadsheet. It was only version 1.3. Above you talk about versions 2.X. Can you help me get the newest version? Again, thanks very much.


  97. No avatar

    Hey Tom article. I just joined about a week ago and currently looking for my first rental. I would really appreciate it if you would send me a link to your spreadsheet. Thanks!


  98. Tiny 1398786055 avatar slimmatic

    Thanks for all of the great comments. I just sent (hopefully) everyone a pm with a link to download the spreadsheet. If I missed you, please let me know.


    1. No avatar

      Tom, could you send me the spreadsheet as well. Thanks


    2. No avatar

      Tom Could you please send me a copy of your spreadsheet. It looks fantastic. Thanks!


  99. Tiny 1401994372 avatar maschettino

    Thank you! Great article, extremely helpful. On average how long does it take you to populate the sheet for a property your evaluating? I'd love to try this out, could you send me a copy?


    1. Tiny 1398786055 avatar slimmatic

      Mike - It typically only take a few minutes. Most of it is calculated, there are only a few fields to enter. Then I just tweak the numbers until they work for me.


  100. No avatar

    Very helpful article, I'm planning on setting up a similar spreadsheet. Can you please send me the link as well? Thanks in advance!


  101. No avatar

    Nice article! If you get a chance, I'd like a copy of the spreadsheet as well.


  102. Tiny 1401365274 avatar dayrich28

    If possible I'd like the spreadsheet too. If not I think I can build based on what I see and will be checking out the mentioned book. Thanks


  103. Tiny 1400334367 avatar moose3659

    Tom great spreadsheet that was a great read.. when you have a chance could I possibly get a copy of spreadsheat


  104. Tiny 1399787035 avatar alexflowers

    Glad to find this post early in my career! I would love a copy, if possible. Thanks!


  105. Tiny 1414535918 avatar rbraut309

    Great post, can I have a download link as well? Thanks!


  106. Tiny 1399750350 avatar jimmiejack

    Tom, this spreadsheet will keep a lot of people out of a bad deal! May I have the link too? Great work!


  107. Tiny 1403461941 avatar keribee

    I've been looking for something like this for a while now. Fabulous article. May I have a copy?


  108. No avatar

    Awesome article, may I get a copy as well?


  109. Tiny 1399768844 avatar jasonabrown

    Better late than never! Great spreadsheet and great explanation. I can see how it would make 100 evaluations actually manageable! Thanks for sharing this. If you get a chance Tom. I'd like a copy as well. All the best!


  110. No avatar

    Tom Great Article. Can you send me a copy of the spreadsheet? Thanks!


  111. No avatar


  112. Tiny 1398786055 avatar slimmatic

    I just pmed you guys a link to it. Thanks for checking out my post.


  113. No avatar

    Hi Tom, nice article. Your spreadsheet looks great! Could I get a link to it? Thanks!


  114. Tiny 1399596574 avatar flatfootthomas

    Hello Tom, looks like you have a great spreadsheet with many links to BP members. I looked through all and hoped to see it somewhere so I would not have to ask you for the link. But, no luck so here I am asking for your hard work and gracious assistance. Hope all is well and I send my Thanks to You. Tom


  115. Tiny 1404459884 avatar adam g

    Tom, Great article! I was planning on generating a spread sheet similar to this. I plan on referring to yours heavily. Thanks for your information.


  116. Tiny 1399701995 avatar ratienza80

    Hi Tom, Great spreadsheet! Do you mind if I can get a copy of it. I would love to start plugging in my first 100 potentials in it and see if I can find a gem! Thanks in advance!


  117. No avatar

    Hey Tom great post. Would you be so kind as to PM me the link too please? Also I am new to BP and the real estate biz and would really appreciate any guidance and knowledge to acquire my first deal and continue forward in my real estate endeavors. Hope to hear from you soon and continued success.


  118. Tiny 1448388341 avatar bdsbabson

    Hey Tom, Could I get a link as well? As someone who is just starting out, I find this is one of my greatest challenges. Thanks Ben


  119. Tiny 1399655337 avatar kennytrotter

    Can I get the download link please? This looks like it has way more information than the spreadsheet I use.


  120. Tiny 1398786055 avatar slimmatic

    I just pmed everyone a link to the spreadsheet. Thanks guys.


    1. No avatar

      Thank you so much for the information. I found this very helpful. If is not to much hassle would you mind sending me a copy of the link as well? Thanks Adrian


    2. Tiny 1424089695 avatar jlsilun

      Hi Tom, I too would like to have your spreadsheet. I love it! Makes life a lot easier.

      Thanks,

      Jo-Lynn Silun


  121. Tiny 1399778925 avatar svenugopalan1

    Hi Tom, It looks like a useful tool to evaluate deals. I would appreciate if you can share with us. Thanks.


  122. Tiny 1508438687 avatar finwiz

    Tom, thanks for contribution. Would you mind sending it to me as well! Thanks.


  123. Tiny 1409686021 avatar jameslim00

    Hi Tom, Great article! Mind if I get a copy as well? Thanks!


  124. No avatar

    Tom, thank you for posting and creating this. As many of the others on this forum have asked, may I get a link to it as well. This would be of real value for me! Thank you!


  125. Tiny 1399778170 avatar wittlinj

    Tom - Great article and thanks for the book recommendation! As many have requested above, could I get the link as well?


  126. Tiny 1459730414 avatar jchunter

    In the Purchase Details section, could someone explain why Mortgage Payment (ADS) uses $14,000 (the Purchase Price) as the Principal amount instead of $11,200 (the Mortgage amount)? In the same section, could someone explain how Out of Pocket Costs ($26,100) and Total Renovated Cost ($40,100) are both described as 286% of the Purchase Price? Thank you


    1. Tiny 1398786055 avatar slimmatic

      John, Thanks for the comments on potential issues with the calculations. Mortgage Payment - Looking at the current sheer (2.0), this does not appear to be an issue. I think I might have fixed it and you might be looking at an old version. % of Purchase Price - This was an issue. the Out of Pocket cost was incorrect. I corrected it and uploaded a new version of the sheet (2.1). Thanks again for pointing out those issues.


  127. Tiny 1510332399 avatar realestateress

    "What Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures" by Frank Gallinelli - Hey, I'm reading that now. Great book, and it's actually pretty funny too! Here's the link to it in Amazon: http://amazon.com/Every-Estate-Investor-Financial-Measures/dp/0071603271 So can you upload this spreadsheet in the file section? If not, I'd love a copy too. Thanks, Tom


  128. Tiny 1399707929 avatar jenwindy

    You might have heard this before... but may I have the link, too? :)


  129. Tiny 1459730414 avatar jchunter

    I'm with Pat in missing the boat. If you could Tom that would be great. Thank you.


  130. No avatar

    Hi, I think I missed the boat. Can you share it again?


  131. Tiny 1398786055 avatar slimmatic

    I just sent everyone a link to the spreadsheet. If you did not get it, please let me know.


    1. Tiny 1399610728 avatar kfong344

      Hey Tom, Awesome article about how you evaluated your first 100 deals. Do you think you could share the link with me as well? Thank you- Kenny


    2. Tiny 1399787024 avatar georgedouvas

      Tom, I have just become a member and noticed from your post you have a link to the spreadsheet. Would you be kind enough to send me a copy ? Thank you in advance. [email protected]


  132. Tiny 1460396444 avatar jspence620

    Awesome, can I have a copy of that link? Thanks!


  133. Tiny 1399718041 avatar jessigirl

    Cool! I would love the link as well : )


  134. Tiny 1399651944 avatar jmusa

    Hi Tom, lovely tool. May I have the link too.


  135. Tiny 1408578919 avatar tvanmaanen

    Hey Tom, great tool! Would you mind sending me a link. Preciate it!


  136. No avatar

    Hi Tom, Great work. Could you forward me a link to down a copy of the spreadsheet as well? Thanks in advance.


  137. Tiny 1507509101 avatar heather7007

    Hi Tom, I see a lot of others have already requested this - would it be possible to get a copy of this very useful spreadsheet? It looks like it took a lot of work!! Many thanks!


  138. No avatar

    Can you please send me the spreadsheet too?


  139. No avatar

    Hi Tom, A wonderful tool, like many of the other commentors I too am just starting, and would appreciate the opportunity to try your spreadsheet. Would love a copy if possible. Cheers


  140. Tiny 1399426740 avatar jtmoniii

    Tom Awesome spreadsheet! Can you send it to me as well?


  141. Tiny 1486679524 avatar chrissalazar

    Hi Tom, could I have a link to the spreadsheet as well? I'm just starting and would love to start by practicing with a ton of properties. Thanks and good luck to you.


  142. No avatar

    Hi Tom, This is a great spreadsheet!! I am just starting out and I think this would be a great tool to practice analyzing properties until I pull the trigger. I would love to get a copy of this. Do you think you could send me the link? Thanks!


  143. Tiny 1399766294 avatar russell g

    Nice logic outputs Tom! I would love to have a look, could you PM me that link? Thanks ; )


    1. Tiny 1398786055 avatar slimmatic

      Russell - Just sent a copy over. Thanks.


  144. Tiny 1399745604 avatar tpkelly

    Hi Tom, Your spreadsheet looks great! Could I get a link to it? Thanks! Cheers~ Tara


    1. Tiny 1398786055 avatar slimmatic

      Thanks Tara. I just sent you a pm with the link.


  145. Tiny 1398786055 avatar slimmatic

    Thanks Eric. I would actually tweak your sentence a little and say "You have to know what you are going to do with it before you have a property". That is why I created the sheet, to help evaluate it.


  146. Tiny 1426939009 avatar edrenckh

    Great post. I used to go to the Loop and look at properties, "just for fun". Once you get a property, you have to know what to do with it. Have a plan for the property after you buy it too.


  147. Tiny 1399754267 avatar chattaroyrocks

    Hi Tom, truly wonderful work and insight. But even better that you shared it. I've always developed my apps in Access just because I'm quirky and like to customize everything. But I would value a link to your spreadsheet. Once again, very well done! thanks


    1. Tiny 1398786055 avatar slimmatic

      Thanks Patrick, I love to be able to share and help others. I sent you a pm with a link to the spreadsheet. Please let me know if you have any questions.


    2. No avatar

      Hi Tom- Great spreadsheet. Can I get a link to it? All the Best, Beth


  148. Tiny 1399696792 avatar turtle

    Hello Tom, appreciate the blog, any chance I can get a copy of the spreadsheet


  149. Tiny 1399762795 avatar ctvail20

    Thanks for the link to this article Tom, Once I get done reading the book that htis information came from I will need to set up a sheet like this for my self. I think entering in all of the formulas into the sheet will help me understand how all of them are interconnected and work together.


  150. Tiny 1399483130 avatar brandon v

    Tom great article and great idea. I just started to read Frank Gallinelli's book about cash-flow and key financial measures this weekend. May I please get a link to download your spreadsheet? Thank you for your assistance.


    1. Tiny 1398786055 avatar slimmatic

      Thanks Brandon, it is a great book. I just pmed you the link.


    2. Tiny 1399770524 avatar eboomer2611

      Hi Tom, Great article - would you mind sending me the link to the spreadsheet as well. Thanks! Eric


    3. No avatar

      Hey Tom just came across this blog doing some exploring as a new member and new investor and I saw your spreadsheet and it really caught my eye. I could use something like this in my adventures into real estate investing. Would you mind PMing me the link as well? Also I could really use the guidance of an experienced and knowledgeable investor so that I can grab my first deal and never look back. Any help you can give will be greatly appreciated. Hope to hear from you soon and continued success.


  151. No avatar

    Tom - I would love a copy of the spreadsheet as well, if possible. thank you for your help!


  152. Tiny 1399761272 avatar jamael harris

    Hi Tom, I'm new to real estate investing and to bigger pockets in general. Came across this article and it was exactly what I was looking for. Can I get the download link to the spreasheet?


  153. No avatar

    Great information, would you send me the download link also?


  154. Tiny 1399679328 avatar jdgordon

    This is great! Can I get the download link as well?


  155. Tiny 1398786055 avatar slimmatic

    Thanks for the comments guys. Just sent you the link to the spreadsheet in a pm.


    1. Tiny 1409624348 avatar mdterp84

      Excellent analysis, Tom. I'd be grateful if you could also PM a link to the spreadsheet.


    2. Tiny 1399756336 avatar bjsint

      Could I possible get a link as well? This is very well put together! Good job!


    3. Tiny 1399749231 avatar rhsllc

      Hi Tom, just read your deal evaluator spreadsheet blog post. Can I get the link to your spreadsheet as well?


    4. Tiny 1467976406 avatar jonathanf29

      @Tom Sylvester Thank you for this post!  I find it difficult to analyze deals from time to time and it often prevents me from making offers.  Could you possibly send me a link the calculators as well?  

      Much appreciated and happy investing!


  156. Tiny 1399726724 avatar petterpan

    Hi, Edwin You can find spreadsheet on Microsoft.


    1. No avatar

      What is it called?


  157. No avatar

    where can I downloadthis spreadsheet?


  158. Tiny 1399581093 avatar mattn

    I like this! I am going to write a spreadsheet like this for myself. "I have added a ton of additional functionality to provide further analysis if I decide to purchase the property, which I will outline in a future blog post." Looking forward to post #2!


    1. No avatar

      If you have developed this spreadsheet, would you mind sharing?  Thanks!


  159. Tiny 1399758748 avatar badfishx2

    Great post. Any chance we can download the Spreadsheet?


  160. Tiny 1399649463 avatar sweetgumga

    Is this spread sheet tool similar to the spread sheet that BP has somewhere? Just looked in BP resources and didn't find the deal evaluator...


    1. No avatar

      Hi Tom, great article. Would you please be able to send me a copy of the spreadsheet? Thank you.


    2. Tiny 1448857448 avatar davidsugg

      Hey Tom, may i get the link to your spreadsheet


    3. Tiny 1476206235 avatar ruskyline

      I'd also like to get a copy of the spread sheet if possible, Thank you!