Learn how to efficiently use the Smart Rental Analyzer to make better rental investment decisions.
App Features Tutorial
📊 Quick Deal Analyzer - Step-by-Step
1
Enter Property Details
Input the purchase price of the property.
Enter the expected monthly rent you plan to charge for the property.
Fill in the estimated monthly expenses, such as property management, taxes, insurance, utilities, etc.
Specify the down payment percentage you plan to put down on the property.
2
Click "🔍 Analyze Deal"
Click the button to trigger calculations. The app will automatically calculate the ROI (Return on Investment), Cap Rate, Cash Flow, and give the deal a score out of 100.
The score combines factors like ROI, cap rate, and cash flow into an overall assessment of how good the deal is.
👥 Tenant Affordability Tool - Step-by-Step
1
Choose Calculation Mode
Select either "Required Income from Rent" (to calculate the income a tenant must earn to afford the rent) or "Max Rent from Income" (to calculate the max rent a tenant can afford based on their income).
2
Set Rent-to-Income Ratio
This ratio indicates what percentage of the tenant's income should go toward rent. Set the percentage (typically 30%).
💡 Break-Even Calculator - Step-by-Step
1
Input Property Details
Enter the purchase price and down payment percentage for the property.
Set the loan interest rate and loan term in years.
2
Set Monthly Expenses
Input the monthly taxes, insurance, maintenance, management fees, and vacancy loss as percentages or flat values.
📘 Multi-Year ROI + Tax Insights - Step-by-Step
1
Enter Property Details
Input the purchase price, loan information, and starting rent for the property.
Set the expense growth rate, rent growth rate, and appreciation rate for future projections.
2
Set Tax and Sale Parameters
Input the land value percentage, tax rate, and projected sale year to estimate tax savings and sale profits.
📈 Monte Carlo Simulator - Step-by-Step
1
Input Property and Market Data
Enter the purchase price, loan details, starting rent, and starting expenses.
Set the growth ranges for rent, appreciation, and expenses to simulate market uncertainty.
2
Run Simulations
Choose the number of simulations and the years to run simulations, then start the Monte Carlo process.
