The Property Analysis page shows the cash flow and investment returns you can expect immediately at the time of purchase, during the first year of ownership.

The Buy & Hold Projections page shows projected numbers for a given year in the future. As time goes by, the operating income, operating expenses and the property's market value will increase according to the projections you enter under Purchase Worksheet > Long-Term Projections.

This will change the property's net operating income (NOI), cash flow and investment returns, including the cap rate, COC, ROI, etc. accordingly.