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Tools

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Income-producing investment tool spreadsheets:

With the proper tool set and resources, real estate investing can be easily simplified.  Here at Goldwasser Real Estate, we want to be your go-to real estate investment resource and provide you the investor, the tools necessary to ensure your success.  When investing in income producing properties, investors need to be concerned with monthly cash flow following the payment of their monthly expenses (ie principal, interest, taxes, insurance, repairs, etc).  The following spreadsheet is good starting point when initially analyzing a property for its cash flow.

This is where the simplified spreadsheet can be downloaded.

A more detailed analysis can be run that will allow you to look at the return of the investment over 10 years which also factors in such things as principal reduction, appreciation, and tax deductions.

This is where the more complex spreadsheet can be downloaded.

What is current market rent for my property:

The market value of an income producing properties is largely affected by the income they produce on a monthly basis.  One widely-used measure of income producing properties are CAP rates.  The CAP rate (or capitalization rate) is defined as the ratio of a building’s net operating income divided by its value.  Increasing a unit’s rental income will directly impact the value of the property assuming the CAP rate were to stay the same.  That is why it is very important to make sure you are garnering market or above-market rents for your property.  Not quite sure what current market rents are for your particular area in Austin?  If so, please input your information below and one of our investment specialists will prepare a market rent report for you. 

  • Address
  • Property type (single, duplex, tri, 4-plex, apartment)
  • Name, e-mail, and phone

Ways to purchase real estate investments today:

There are numerous ways that income-producing real estate can be purchased.  The following are a brief overview:

  • Conventional financing ->  This is probably the most common today where debt is obtained via some sort of a financial institution (ie bank).  This will typically get you the lowest financing rates.  However rates will be based upon a borrower’s credit worthiness.  Currently, minimum down payments required for non-owner occupied loans today start at 20% of the purchase price. 
  • Owner-financing  ->  For many, this is becoming a very attractive alternative to conventional bank financing since banks have tightened up their lending requirements recently.  Sometimes, investors can purchase properties with only 10% down with owner-financing.  The seller then will loan the remainder.  Interest rates are typically higher than conventional financing, but this isn’t always the case. 
  • IRA-monies ->  Believe it or not, but IRAs are not only for stocks, mutual funds, and bonds.  You are also allowed to purchase real estate as a type of holding within your IRA.  The first step into doing this is having an IRA custodian that allows you to self-direct into real estate.  If your custodian does not currently allow for that, you can easily switch to another custodian that does.  Since many of us have a larger amount of money in an IRA than we do sitting on the side in our savings account, this can be a real option.  You can use your IRA monies as the down payment in the purchase and then leverage your investment with debt through such options as owner-financing or non-recourse bank loans.