Investment land analysis

This will calculate: a full year-by-year projection on a land investment, out to 5, 10, 15 or 20 years, and give you the IRR and FMRR both before and after tax.

Enter the purchase and both loans (including any balloons), your sale assumptions, first year operations and tax brackets. Purchase price must equal the down payment plus the two loan amounts, or the form will tell you.

Land is not depreciable, so there is no depreciation or recapture here — the cost basis stays at what you paid, and the whole gain is taxed at your capital gains rate.

Each block of five years prints on its own page. Figures shown in red are negative.