Understanding the Money In/Money Out Report
A Money In/Money Out Report is a critical tool for managing your financial health, especially in real estate investing. This report tracks all cash inflows and outflows, providing you with a clear snapshot of how money is flowing in and out of your business. By regularly reviewing this report, you can better understand your cash flow patterns, identify trends, and make informed financial decisions to optimize your investments.
There are two metrics located on the Property Details page, “Annual NOI” and “Cap Rate”.
These two metrics are very important to real estate investors, as they show how your property is performing on an annual basis. Many real estate calculators use projected cap rate and NOI, while Rentastic uses actual cap rate and NOI. This means that Rentastic reports your cap rate and NOI values on a rolling 12-month basis.
If you haven’t yet used Rentastic to track the performance of a property for an entire year, your values may appear slightly off, because Rentastic doesn’t yet have enough data. Continue classifying your transactions, and tracking your income and expenses. After a 12-month period, the values with be accurate.
