All Topics / General Property / The 10 Second Rule Property Calculator
Hey Guys,
I bet you are all familiar with Steve's 10 second rule for testing whether a property is likely to be positively cash flowed or not.
I have created an instant online calculator that does this 10 second rule for you. Just type in the price and rental income and it calculates yearly rental yield and gives a yes or no to whether it pass the 10 second test.
http://cashflowinvestor.com.au/quicktest
Hope it helps
Ryan McLean
CashFlow InvestorRyan McLean | On Property
http://onproperty.com.au
Email MeInteresting, seems very simple but i wonder what it takes into consideration when working out whether a property is positive cash flow?
There so many factors i.e. loan amount, loan term, interest rate, propoperty expenses etc.
I would hate to turn down a good deal if it just fell short and is actually positive cash flow if a few of the abive items i mentioned above were tweaked.
Have you found any properties which are positive cash flow based on this quick test?
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