find_deals.py

# -*- coding: utf-8 -*-
"""
Created on Thu May  5 17:51:19 2022

@author: mikke
"""

import webscrapers as ws

zipcode = '84044'
down_payment = 30000
interest_rate = 5.5
amortization_period = 30 # years
fixed_landlord_expenses = 300 # misc expenses per month

# call the utahrealestate webscraper.
# creates a list of objects of type RentalProperty and fill in:
# days_on_URE, listing_price, num_beds, sqr_feet, num_baths, MLS_ID
prop_lst = ws.utah_re(zipcode)

# call the fair market rent webscraper.
# creates a dictionary with the following keys: 'Studio', '1-Bedroom', 
# '2-Bedroom', '3_Bedroom', '4-Bedroom', and possibly higher if needed
rental_prices = ws.fmr(zipcode)

# evaluate all current deals to see if anything cashflows        
for item in prop_lst:
    item.down_payment = down_payment
    item.purchase_price = item.listing_price
    item.interest_rate = interest_rate
    item.amortization_period = amortization_period
    item.fixed_landlord_expenses = fixed_landlord_expenses
    item.calculate_mortgage_payment()
    # populate gross_monthly_income using rent pricing
    for k in rental_prices:
        if type(item.num_beds) == str: # first make sure that field has something in it!
            if item.num_beds in k:
                item.gross_monthly_income = rental_prices[k]
                break # break out of the inner for loop
    if not item.gross_monthly_income:
        print(f'Could not calculate rent for MLS# {item.MLS_ID}!')
        # need to calculate for higher number of bedrooms
    item.calculate_cashflow()
    item.fifty_perc_cashflow
    if item.monthly_cashflow > 0:
        print(f'MLS #{item.MLS_ID} projected to cashflow {item.monthly_cashflow} per month.\n'+
        f'By the 50% rule, it is projected to cashflow {item.fifty_perc_cashflow} per month.\n')

# FURHTER IDEAS
# Display properties that ahve been on the market for the longest (might be more open to a low bid)
# Make into an app where down payment, interest rate, amortization, and monthly expenses can be added separately
# Display more property info on properties that are projected to cash flow
# Display properties by price per square foot