Every change that affects a number you might act on, with a date against it.
4 August. Walk-away price now solves three constraints at once (cash flow, cash-on-cash and lender DSCR) and reports which one binds, instead of solving only for cash flow. The cash flow target moved from $100 to $150 a month, because below roughly $150 per unit the figure sits inside the model's own margin of error. Published this changelog and the methodology page.
3 August. Added a permanent "What this grade assumed" panel to the calculator so every default, including the property tax rate as a percentage of price, is visible on screen next to the result rather than hidden behind a toggle. Added the arithmetic behind the walk-away price. Added a permits and regulation check to the short-term rental model, covering zoning, permit availability, owner-occupancy rules, minimum-stay rules, HOA restrictions, caps, moratoriums, written insurance confirmation and lodging taxes.
2 August. Corrected the DSCR explanation in the rental deal guide: lenders size on gross rent over full PITIA, typically 1.20 to 1.25, while the stricter after-all-costs version reads lower. Raised the capital expenditure benchmark in the checklist from 5 percent to 8 to 10 percent to match the figure used everywhere else. Added an editable operating float input that had previously been a fixed assumption.
Earlier. Free calculator, twelve written guides, and the paid Investor Toolkit released.
A tool that changes silently is a tool you cannot trust. Every change that affects a number you might act on gets a dated entry here, including the ones that make a deal look worse than it did yesterday.
General information and educational content only, not investment, tax, or legal advice. Benchmarks are common rules of thumb, not guarantees or projected results. Verify every figure and consult a qualified professional before purchasing any property. Questions: [email protected]