Real estate Model
Hello, I am trying to learn real estate modelling, I came across this model, I understand most of it bar 1 point.
Kindly go to Modeloff website -> questions ->"Investment Property Maximizing Your ROI (2012)"
Apologies as I am not allowed to post links
I am failing to understand 1 part of there answer as follows:
Cell D16 and M23:
Why is the estimated value of sale "Cell D16" a plug in figure instead of a direct link with M23, Moreover If I put "0" in "cell D16" it wont calculate the growth on property value. Should it not not be the reverse i.e. I derive the value of sale from Cell M23 to look like this D16=M23?
They have assumed it to double in 10 years which is a fair assumption i guess.
Thank you,
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