Real Estate Financial Analysis Using Excel
The Course Will Teach You to
- Logic functions
- Absolute and relative references
- Midpoint discounting and XIRR
- Reinvestment and MIRR
- Goal seek
- Hyperlink, Data Validation, Group and Ungroup
- And many more
Course Description
Building an accurate proforma is a crucial first step in every real estate investment or development venture. Mastering Microsoft Excel's financial analysis capabilities can make proforma models more accurate and bring enhanced meaning to sensitivity analyses. In this class, students learn step-by-step instructions for creating an accurate proforma for analyzing the financial performance of commercial and investment real estate.
The class is designed specifically for real estate professionals interested in expanding their knowledge of financial concepts and Excel tools. Students learn Excel's advanced tools financial analysis functions and then apply them to their own investment and development models.
During the course, students develop their own spreadsheets that allow them to quickly and effectively model a variety of real estate investment scenarios. The course concludes with students building a complex financial investment model using Excel. Financial concepts such as compounding and discounting, internal rate of return (IRR), and net present value (NPV) are explained in detail.
Students are expected to have a basic knowledge of Excel and a firm grasp of basic real estate finance concepts such as time value of money, IRR, and NPV.
Tech Requirements
This course may require the use of a laptop or desktop computer with full Excel capabilities. Mobile devices, like iPads, tablets, and cellphones, will not run The CCIM Institute's macro-enabled spreadsheets.
PC: Microsoft Office 2000 or higher is necessary to run The CCIM Institute macro-enabled spreadsheets.
Mac: Mac versions of Microsoft Office 2004, 2011, 2016, or 365 are required to run The CCIM Institute macro-enabled spreadsheets.
Browser: The CCIM Institute courses are optimized for use with the Google Chrome web browser
"It's a wonderful time to be new in commercial real estate ... and certainly organizations like The CCIM Institute can help train someone in the industry" - Jay Olshonsky, President of NAI Global