This assignment will get you familiar with the three different quick appraisal metrics we use during the sourcing process to help us determine whether a deal is worth further investigation.

These numbers are generalisations and so should not be relied upon to make purchasing decisions, but they can significantly speed up the sourcing process, to separate those properties which will never work as an HMO from those which should be moved to the next stage of your deal analysis process.

This assignment will get you familiar with the three metrics that we use, as well as help you start to tweak them to suit your own purposes. By the end, you should be comfortable using each of them to give you a quick sense check on the viability of a project.