Steve McKnight's
Property Apprenticeship

Wheel of Wealth

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andrei99
Wheel of Wealth

In the excel spreadsheet what does the Estimated Pre-Tax Profit Per Deal mean? Is it the capital growth or annual income per property? Can someone explain? Many thanks

Daniel hain
Daniel hain's picture

hi there

the answer to your question is the expected profit from the deal b4 you have paid tax on the capital gain

eg you buy a house for $500,000
do a reno $100,000
sell the house $750,000
Estimated Pre-Tax Profit Per Deal $150,000

I havnt put costs involved in buying etc

hope this helps mate