When you're narrowing down the search for your next investment property, it's often helpful to compare two or more properties side-by-side to determine which one will be the better investment.
It's also helpful to compare how different acquisition strategies will impact your cash flow, profit and investment returns. For example, you may get very different returns whether you're buying a property with cash or with financing.
This guide will show you how to use DealCheck's property comparison tool to quickly view all relevant analysis metrics side-by-side for two or more properties.
Selecting Properties to Compare
From Your Property List
You can select the properties you'd like to compare right from your property list.
First, click (or tap on mobile) on the property photo thumbnails from the list to select two or more properties:
Then click (or tap on mobile) the Compare button at the top to launch the property comparison tool:
From the Property's Details Page
You can also start property comparison from each property's details page.
To do this, navigate to one of your properties and click the Compare link from the quick action menu on the left side:
Using the Property Comparison Tool
When you open the property comparison tool, you'll see the properties you have selected shown side-by-side, along with their purchase costs, rehab costs, financing, cash flow, profit and return calculations:
You can quickly change the properties you're comparing using the drop-down menus at the top:
And add new properties to the comparison table by selecting them using the drop-down menu at the top right: