Excel to calculate profitability of a Real Estate investment

Hi all - I would like to buy 1 flat & rent it. I would like to assess the profitability and therefore would really appreciate if someone could share with me a great excel template 

At the moment I found this excel:  https://www.xelplus.com/rental-property-roi-calcu…

But the issue of this Excel is that it does not calculate RRI and also doesn’t allow me to simulate any profit made when selling the flat

Thank you

5 Comments
 

What is RRI? If you’re talking about IRR then you can use the =Irr function. If you actually work in IB this shouldn’t be rocket science. For a residential property a basic proforma is comprised of like 8 functions total. Find your sale price using an exit cap rate. Once you have that you should be able to find IRR and NPV along with anything else you wanna do.

 
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