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The key metrics tracked in the Residential Proforma spreadsheet are primarily related to the financial outlook of a real estate investment. These include the loan amount, term in years, and interest rate. It also tracks the impact of changes to these terms on monthly payments and the duration of repayment. Additionally, it shows the effect of extra monthly payments on the loan schedule.
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The Amortization sheet displays a monthly loan schedule according to the loan amount, term in years, and interest rate. The loan details can be easily adjusted in the Decision sheet to see how changes to the terms will impact monthly payments and the duration of the repayment. Users can also see how an extra monthly payment will impact the schedule. For example, if a buyer chooses to pay an additional $500 per month on the loan, they may see that the loan will be repaid an entire year sooner.
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Need to compare real estate investment opportunities? Use the Residential ProForma spreadsheet to quickly identify if a real estate investment opportu...
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