How to Calculate Cash Flow for a Rental Property (Free Calculator Included)

[@CoachChadCarson]

See how much cashflow I ACTUALLY made on my very 1st rental property! ► kzbin.info/www/bejne/b5-8np-Qm7V5bbs

[@Jetsetfastfood]

Finally a clear explanation for this! Thank you 🙏

[@CoachChadCarson]

Glad it was helpful! Thanks for watching.

[@tteariki330]

Thank you Coach for these calculations and explanation regarding Rental Property/Properties.

[@CoachChadCarson]

You're welcome! Thanks for watching.

[@robrome2546]

Great job of covering the essentials of a complex subject!

[@CoachChadCarson]

Thanks for the feedback, Rob!

[@terencejamesmusic4126]

Excellent.Thanks.

[@kai_alkasas]

Thank you! Great tool for finding your numbers.

[@CoachChadCarson]

Glad it was helpful! Thanks for watching.

[@rachanareddy646]

Great video! Thoroughly explained and easy to understand.

[@CoachChadCarson]

Thank you for watching, Rachana!

[@sharonbeatty8047]

Thank you for the clear explanation of cash flow! Do appreciate that you bring up income taxes as a cost of doing business and I would love to see a video of that

[@CoachChadCarson]

I will plan to do a video on income taxes. Definitely an important part of it. Thanks for watching!

[@dbiv44]

Thanks, great lessons

[@CoachChadCarson]

Thanks for watching!

[@mauricioramirez2813]

I found your videos a couple weeks ago, I like them very much! They are very good for financial concepts. they are visual, clear, simple and straight to the point. I already subscribed. Than you.

[@CoachChadCarson]

I appreciate the feedback, Mauricio! Glad my videos are helpful. Thanks for subscribing.

[@mcarroll78]

Yes! Please cover income taxes and how to think through them. Thx!

[@CoachChadCarson]

will do! coming soon.

[@stephenmacknik3212]

Thanks!

[@CoachChadCarson]

Thank you!

[@sharonpichai6655]

Very good video. Would love to see you consider how taxes affect the bottom line.

[@CoachChadCarson]

Thank you Sharon. I will plan to do a video on the tax implications for cash flow.

[@Lobsterman5481]

Great video! Yes! Please cover income taxes. Thank

[@CoachChadCarson]

You got it! This video goes into detail on the subject: kzbin.info/www/bejne/iZixiZ9umtaUaLc

[@ghuruba88]

Hello coach , i hope you are always healthy .. can you show the formula how to calculate if my rental is fully furnished , i buy empty house without furniture and add furniture for get more cashflow , cost for all the furniture $7500 .. how much should i charge per month ?

[@deem6930]

what resources would you recommend for a beginner in property investing?

[@wolfpack2233]

Is there a video of you using the "simple rental calculator" spreadsheet?

[@Beck-Stein]

Could you do a video on bad renters and legality of kicking them out?

[@CoachChadCarson]

Good idea. Added to my list. thank you.

[@stevenroshni1228]

A video about the income tax would be great. A lot overlook it saying it gets cancelled out by depreciation.

[@CoachChadCarson]

Thanks Abu. Yes, sometimes it's not a factor with depreciation because it shelters all the taxable income from tax. But not always! And it's good to know the whole picture.

[@oggarrett4779]

Please cover taxes

[@GymboProductions]

Good job 👍 Your explanation was very helpful. Come on down to Charleston and let’s buy a couple of properties together,,,,,,,partner!!! 😜

[@anthonyramirez7663]

How much is property tax??is it true is more if ur not going to live in it ??

[@calklobuchar]

I have a friend who owns 50 rental property’s, and he doesn’t remember the location of one would a lost assest/property search be a way to find it?

[@007Cajun]

Coach - if we have the ability to pay cash for our first rental, should we? Or should we get a loan and use other people’s money?

[@CoachChadCarson]

It depends on what helps you sleep at night. If you pay cash, you can always refinance later. So, it's not a bad strategy to start. If you don't get a loan, just make sure to still do all your due diligence, get inspections, etc so that you don't miss anything big on the property. I wrote this article about investing without debt: www.coachcarson.com/real-estate-investing-without-debt/

[@hollidayhomestead2420]

I live in Belton. We're trying to figure out if we should rent out our house, or sell it.

[@CoachChadCarson]

Three basic questions may help: 1. Will your house cash flow positive you rent. 2. Will it likely be worth more in 10 years than now? 3.are there any major maintenance/repair issues that will cost you in next 10 years?

[@Sebastian-wx5gg]

Hi Coach Carson! The spreadsheet link does not work unfortunately, is it possible to receive it somehow? I've also posted a comment on the website. Awesome work! / Sebastian

[@CoachChadCarson]

hey Sebastian. I just tried it and it worked for me. Did you try this link? www.coachcarson.com/cash-flow-spreadsheet-calculator/ If it doesn't work still, can you let me know what you're seeing? thanks and sorry for the trouble!

[@djgainsbond]

✅✅✅

[@CoachChadCarson]

Thanks DJ!

[@kasokachibanga8837]

How does paying down principle build wealth?🤔. I get confused

[@CoachChadCarson]

The money you pay off on your debt can turn into equity. So you own more of that property. Your net worth (wealth) goes up

[@tteariki330]

Coach can you send me your property calculations Please.????

[@CoachChadCarson]

Tere, the link to the spreadsheet is in the video description.