Recent content by sparrow.worthy

How much financing is involved? Keep two models: the property’s unlevered net yield and your actual cash flow after debt payments. A deal can look acceptable before financing and turn negative after a modest rent shortfall, repair or refinancing change. I would also model tenant turnover as a...

I would turn the estimate into a responsibility table: buyer, seller, lender if any, building, notary, registry and tax authority. Then add a column for “confirmed in writing” versus “assumed.” It often exposes vague entries such as “fees included” without showing which fees, and prevents the...