Available in:

OnDemand Course

Creating Real Estate Financial Models in Excel

Learn how to break down the real estate pro forma in Excel®.

In this topic, the information, will bring prior commercial real estate experience to the forefront and walk you through creating a simplified real estate proforma. The information will cover worksheet functions, such as SUMIF for looking up numbers from Excel® profit & loss reports and other sources; contrasting IRR and XIRR; and using CUMIPMT and CUMPRINC to eliminate building and referencing amortization tables when calculating debt service. Other techniques will include using the conditional formatting feature to color code lease expirations and heat map rental rates. You'll learn how to build a waterfall chart to illustrate NOI (net operating income) for a given year, and how to use keyboard shortcuts, including the F4 key for toggling absolute references and Ctrl-R for copying formulas to the right. The information will cover such nuances as opening CSV files in Excel® as well as managing the protected view prompt, which can slow you down when you open reports exported from cloud-based software.

90 minutes
Course Exam
Certificate of Completion
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Building a Simplified Real Estate Proforma Model for Determining the Internal Rate of Return (IRR) on a Given Investment

Contrasting Sending Reports to Excel® vs. Exporting to Comma-Separated Value (CSV) Files

Opening CSV Files vs. Opening Excel® Workbooks

Understanding How to Manage the Protected View Prompt in Excel® 2010 and Later

Overcoming VLOOKUP's Quirks by Using the SUMIF Function to Look up Numeric Values

Calculating the Principal Portion of a Loan Paid During a Specific Time Period by Way of the CUMPRINC Function

Maximizing Space in Spreadsheets by Using Custom Number Formats to Incorporate Words Into Cells That Contain Numeric Values

Jump-Starting Spreadsheet Projects Using Free, Prebuilt Templates in Excel®

Computing the Internal Rate of Return for a Series of Cash Flows With the IRR Function

Understanding How XIRR Provides More Accurate Return Calculations Than IRR

Computing Returns on Irregular Cash Flow Distributions When Needed

Heat-Mapping Rental Rates With the Conditional Formatting Feature

Color-Coding Cells Between a Range of Amounts

Building an Instant Vacancy Schedule by Year via Excel's® Pivottable Feature

Illustrating Financial Statements With a Waterfall Chart in Excel® 2016 and Later

Using a Keyboard Shortcut so You'll Never Have to Manually Type $ Signs in a Formula Again

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on May 22, 2019.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

David H. Ringstrom, CPA

David H. Ringstrom, CPA

Accounting Advisors, Inc.

  • President and owner of Accounting Advisors, Inc. based in Atlanta, Georgia
  • Founded Accounting Advisors in 1991 as a consulting services business, but in 2007, he began teaching for continuing education providers as well; his mission since then has been to offer quality training on Excel® and additional accounting software via live webcasts, on-demand self-study webcasts, and in-house engagements
  • Widely sought after as a webinar speaker on Microsoft® Excel® for both public and in-house engagements
  • His Excel® courses cover the gamut of the features and functions to provide professionals the knowledge they need to work more efficiently and effectively
  • Coined the phrase, “Either you work Excel®, or it works you;” his training sessions focus on what users often don’t know but should know about Microsoft® Excel®
  • His comprehensive yet easy to understand presentations cover Excel® 2016, 2013, 2010, and 2007
  • His webcasts are fast-paced, and he welcomes questions; his detailed handouts and slides serve as handy reference tools students can fall back on after participating in his webcasts or taking his self-study courses
  • Co-wrote Idiot’s Guides: Introductory Accounting
  • Current and previous articles include Accounting Web (staff writer); Sleeter Report (blog columnist); Microsoft’s Professional Accountants’ Network; The Successful California Accountant; New Jersey Society of CPAs; Microsoft Office and VBA Developer; Microsoft Small Business Accounting; Inside Lotus 1-2-3; Inside Quattro Pro; Inside FileMaker Pro; Inside Peachtree; Inside QuickBooks
  • Technical editor of more than 34 books, many in the For Dummies® series, including QuickBooks® Simple Start for Dummies; QuickBooks® for Dummies; QuickBooks® All-in-One Desk Reference for Dummies; Quicken for Dummies; Quicken All-in-One Desk Reference for Dummies; Peachtree for Dummies; and .com for Dummies
  • Public speaking includes American Woman’s Society of Certified Public Accountants Atlanta Chapter; Georgia Government Finance Officers Association; Georgia Society of CPAs, North Perimeter Chapter; Georgia Society of CPAs, Southeastern Accounting Show; Georgia Tech’s Center for Manufacturing Information Technology; South Carolina Society of CPAs; and dozens of webinar providers
  • B.B.A. degree in accounting, Georgia State University
  • Can be contacted at Twitter® @excelwriter
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 405501
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!