This rental property/investment property analyzer is what I use on a daily basis, and has been used to evaluate hundreds of rental properties. These are the exact formulas and numbers I use when running my own calculations to ensure that I purchase good, long-term, cash-flowing rental properties. Plug in your numbers and the formulas will automatically calculate, giving you a good idea of your return and cash flow.
This rental property is the exact contract we’ve used on the dozens of rental properties that we own. It contains clauses covering the following: Terms & Agreements, Rental Pricing, Cleaning/Security Deposits, Lead-Based Paint, Quiet Enjoyment, Use of Premises, Number of Occupants, Assignment and Subletting, Alternations and Improvements by Tenant, Damage to Premises, Dangerous Materials, Utilities, Maintanence and Repair, and more.