Every Real Estate financial analysis spreadsheet that you will ever find on the Internet contain one common thing in common. All of them contain a “Coming Soon” column that contains any updates that are made to a particular property. This column is used by Real Estate agents to help inform their clients of the latest data on a property.
However, before you run out and download any Real Estate financial analysis spreadsheet that lists “Coming Soon” information as a feature, you need to make sure that you know what the column actually does. After all, it’s going to be there just as much as any other type of column, so you should know what it is and why it is included.
The column that will be on most Real Estate financial analysis spreadsheet is the Net Capital Investment (or net list), which is a series of financial statements that includes bank balances, net profit, net income, assets, liabilities, and net worth. The Net Capital Investment column will show how much cash the company has, how much property it owns, and how much it is spending on investing it. A Real Estate financial analysis spreadsheet might list “Coming Soon” the Net Assets column as well, but it is not always necessary for a spreadsheet to show this column.
Net income, or profit, is the amount of money that a company makes in a given year from all of its business operations. This includes everything from the price of a house to the cost of gasoline that the company uses for all of its commercial operations. Finally, net profit, or gross profit, is the money that the company has in the bank. Once the net profit is deducted from the net assets, it can be possible for an accountant to see a net loss when trying to determine how well a company was doing.
In most Real Estate financial analysis spreadsheet, a net profit will also show an expense total, which will show the company’s expenses on each line that goes into a Net Profit. It will also show an operating loss, which is another way of saying that the company made a loss in a given year.
A Real Estate financial analysis spreadsheet might also include a heading called “Coming Soon”, which is a simple column that lists the dates when any kind of changes are made to a property. As you can imagine, these changes can be as simple as the addition of a new fence or yard to a property.
One of the best parts about using a Real Estate financial analysis spreadsheet is that it is easy to read. If you’re a Real Estate investor, you are probably very busy and can use this type of spreadsheet as a quick reference tool while you are searching for properties. It is also a great time saver, since you don’t have to stop and stare at a dozen spreadsheets for each and every property that you want to buy or sell.
If you are an agent, using a Real Estate financial analysis spreadsheet is a great way to stay on top of your business. When it comes to buying and selling properties, you never know when you will need to know something new. You might think that you know everything there is to know about your market, but you can never be too careful.