You can fully customize the default purchase costs, rehab costs, operating expenses, holding costs, financing and other assumptions that will used when adding new properties.
Doing so will create a "template" from which all new properties will be created. This will help you save time and reduce manual data entry. Here is how to do it.
Step 1: Open the Settings Page
First, navigate to the Settings page via the link at the top right of our web app:
Step 2: Customize the Default Presets
Next, click on any of the items from the Common, Rental or Flip presets and customize them based on your typical deal parameters.
For example, you can select Purchase Costs and enter the typical purchase/closing costs you expect to have. Or click Assumptions and customize your default financing settings:
Step 3: Add a New Property
Next time you add a new property, it will start with the default settings you've entered. You can always customize and fine-tune each deal individually as needed.