This module is synchronous during class session, but recorded for asynchronous viewing.
Asset cost ($): (how much does the place cost to purchase in the first place)
Loan coverage (%): (how much of the purchase cost is covered by a loan from a bank, as a percentage)
Monthly loan payment ($): (how much is payed per month, not including the interest)
Yearly loan interest (%): (how much interest is paid on the loan, as a fixed percentage)
Monthly rent ($): (the monthly amount of rent to charge the first year)
Rent increase (%): (how much the rent is increased each year, as a fixed percentage)
Tax rate (%): (how much the tax is paid on the rent received, as a fixed percentage, assuming deductions have already taken place)
Years of operation: (for how many years to keep the place)
Sale price ($): (for how much does the place sell at the end
| Month | Year | Real estate | Rent | Tax | Inflow | Debt | Payment | Interest | Outflow | Balance | Total |
|---|