Rental Property Investment Analyzer – Long-Term & Airbnb (Excel + Google Sheets)
Make a confident buy-or-pass decision on any residential rental in minutes. This is a complete, ready-to-use investment model that analyzes both long-term (buy-and-hold) rentals and short-term (Airbnb / Vrbo) properties in a single file – just switch strategy with a dropdown and the entire model recalculates.
Enter your numbers once into clearly marked input cells and instantly see every metric a serious investor or lender looks for: capitalization rate, cash-on-cash return, net operating income (NOI), monthly and annual cash flow, gross rental yield, debt service coverage ratio (DSCR), operating expense ratio, and the 1% rule check. A built-in 10-year projection then forecasts your income, expenses, equity growth and internal rate of return (IRR), with a property sale modeled in any year you choose – so you see the full return on investment, not just year one.
Who it's for: real estate investors, first-time landlords, Airbnb hosts, buyers' agents, and anyone comparing deals or preparing figures for a bank or partner. No finance background needed – if you can type a number into a cell, you can use it. Every assumption is yours to control, and the colour-coded layout makes it obvious what to edit and what to leave alone.
What makes it different: most rental calculators handle long-term or short-term, feel cluttered, or hide their math. This one does both strategies, shows clean dashboards, includes a full amortization schedule and sensitivity tables, and contains zero macros – so it's safe to open and works in both Microsoft Excel and Google Sheets.
What's inside (5 tabs):
Start Here – quick instructions and a colour key
Inputs & Dashboard – your assumptions plus a one-screen returns summary
10-Year Projection – year-by-year cash flow, equity, IRR, and a chart
Mortgage Schedule – full 30-year amortization (interest vs. principal)
Sensitivity – how cash flow and returns shift as rent and interest rates move
Fully editable and rebrandable. Instant download – buy once, use on unlimited deals.
For planning and educational purposes only; not financial, investment, or tax advice. All outputs depend on the assumptions you enter.
What you get:
Analyze any rental deal in minutes – long-term or Airbnb – and get an instant buy-or-pass read
See every return at a glance: cap rate, cash-on-cash, NOI, cash flow, DSCR, gross yield
Project 10 years of income, equity growth and IRR, with a sale modeled in any year
Compare scenarios instantly using built-in sensitivity tables (rent × interest rate)
Understand your true financing cost with a full 30-year amortization schedule
No skills or finance background needed – edit only the highlighted cells, no macros
Works in both Microsoft Excel and Google Sheets
Buy once, reuse on unlimited properties, and rebrand it as your own
Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Real Estate, Integrated Financial Model Excel: Rental Property Investment Analyzer - Long-Term & Airbnb Excel (XLSX) Spreadsheet, Adam Heasman
|
Download our FREE Strategy & Transformation Framework Templates
Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S Strategy Model, Balanced Scorecard, Disruptive Innovation, BCG Experience Curve, and many more. |