The 5 Checks · Go or No-Go
Should you buy
that property?
Run any property through the same five checks a careful buyer uses — your Goal, your Budget, the Price, the Return and the Exit — and get an honest verdict: go, negotiate, or walk away.
Check 1 — The Goal
A property is a tool, not a trophy. What job does this one need to do?
Check 2 — The Budget
Not what the bank will lend you — what you can comfortably carry.
Check 3 — The Price
The asking price is what the seller hopes for. Value is what similar units actually sold for.
Check 4 — The Return
Rent is the headline. What lands in your pocket is the truth.
Loan assumptions (90% · 4.2% · 35 yrs) — edit
Check 5 — The Exit
Understand the likely exit before you ever enter.
The Scorecard
Five checks — tick or cross, just like Daniel's.
Questions
What are the 5 checks?
Is the verdict financial advice?
Can I use the calculators individually?
Why did my deal fail the Exit check even with a gain?
General education, not financial, legal or tax advice. All thresholds are rules of thumb; rates, costs and lending treatment vary by bank, property and Budget. Verify important figures against original data and licensed professionals before deciding.