DealCheck's rental and BRRRR analysis tools allow you to analyze a variety of more complex scenarios, beyond simple buy-and-hold situations.

This includes analyzing planned renovations, capital expenditures, lease-up periods or uneven property value, rent and expense increases.

This guide goes over several of the most common situations, but you can analyze many more using our analysis tools as well.

It is possible that you will have one-time expenses in future years for a rental property or BRRRR, in addition to your regular operating expenses.

Here are some examples of what these may be:

DealCheck's operating expenses worksheet allows you to enter and designate specific expenses as "future expenses" to be paid in specific years.

This can be done by adding a new expense item on the Purchase Worksheet page, under Operating Expenses > Edit or Itemize and turning on the Future Expense toggle:

When you then view the Buy & Hold Projections page for this property, DealCheck will include these expenses only in the years you specify, and calculate all of the other analysis metrics for that year accordingly:

When buying new investment properties, especially multi-family, you may have "lease-up" periods and higher vacancies in the first few years of ownership, as you turn over the tenant base, perform upgrades or rehabs, and improve management efficiency.

DealCheck allows you to enter a long-term, "stabilized" vacancy rate for each property, but also to override it for each individual year as needed.

You have the option to add year-specific vacancy rates right below the main vacancy input on the Purchase Worksheet page, in the Rental Income section:

After doing so, the property analysis and buy & hold projections will update to reflect your specific vacancy rate settings for each year of property ownership:

DealCheck also supports modeling irregular increases in the property value, its rent, and operating expenses throughout the holding and operational period.

For example, you may be planning renovations in the first few years of ownership that will significantly increase the property's rent and value after they are complete.

Or, you may project the current inflation (which will increase your operating expenses) to increase (or decrease) in future years.

The Long-Term Projections section of the Purchase Worksheet allows you to fine-tune and control the property value appreciation rate, income and expense increases individually for each year of the property ownership period:

You can enter year-specific values for just a few specific years, or all of them - it's completely up to you. Whenever a year-specific value is not found, DealCheck will use the default value instead: