First Rental Property Toolkit — Deal Analyzer, Due Diligence Checklist & Tenant Screening Templates
First Rental Property Toolkit — Deal Analyzer, Due Diligence Checklist & Tenant Screening Templates5 spreadsheet templates that do the math for you. Analyze deals, screen tenants, and close with confidence — no formulas to build, no guesswork.## Stop analyzing deals on the back of a napkin.Most first-time rental investors either skip the numbers entirely — or spend hours building spreadsheets from scratch, only to miss something obvious.This toolkit gives you a complete, ready-to-use system. Open it. Enter your numbers. Know if the deal works in under 5 minutes.-----What’s included (2 files, 5 sheets):FILE 1 — Rental Property Deal Analyzer- Deal Analyzer — Enter purchase price, rent, expenses, and financing. Every metric calculates automatically: Cap Rate, Cash-on-Cash ROI, 1% Rule check, Debt Coverage Ratio, monthly cash flow, and a plain-English verdict ( Strong Deal / Marginal / Walk Away)- 5-Year Projection — See how rent growth, appreciation, and compounding cash flow play out over time. Adjust growth assumptions with one input.- Deal Comparison Tracker — Compare up to 5 properties side-by-side so you never lose track of which deal was which. FILE 2 — Due Diligence & Tenant Bundle- 56-Item Due Diligence Checklist — Covers every phase: initial screening, offer & contract, physical inspection, financial verification, legal & closing, and post-close setup. Never miss a step again.- Tenant Screening Tracker — Compare up to 3 applicants side-by-side. Income verification (with auto-calculated income-to-rent ratio), credit check, rental history, background check, and final decision scoring. Includes a Fair Housing Act reminder.- Tenant & Property Log — One master reference sheet per property: lease dates, deposit info, contractor contacts, and annual performance targets.-----Who this is for: First-time landlords about to buy their first rental House hackers running numbers on duplexes and small multifamily BRRRR investors who want to stress-test deals before committing Anyone tired of spreadsheets that break or don’t do what they need-----What you’ll know immediately after opening it:- Whether a deal actually cash flows — or just looks good on paper- Exactly how much cash you’ll need to close (down payment + closing costs + rehab)- Whether an applicant meets your income, credit, and rental history standards- What your deal looks like in Year 3 and Year 5, not just today-----Details:- Works in Microsoft Excel and Google Sheets- Blue cells = your inputs. Everything else calculates automatically.- Color-coded using standard conventions (no finance background needed)- Instant download
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