> ## Documentation Index
> Fetch the complete documentation index at: https://docs.propilotapp.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Financial Presets

> Set the default expenses, buying costs, selling costs, and forecast assumptions that load into every new Deal Calculator analysis.

Financial Presets control what the Deal Calculator auto-fills when your team analyzes a rental or
flip property. They cover four areas per mode: recurring expenses, buying costs, selling costs,
and forecast assumptions. Good presets mean every new analysis starts from realistic numbers that
match how your team actually underwrites, instead of each person typing their own assumptions.

<Info>
  **Key things to know**

  * Presets are split into **Rental Presets** and **Flip Presets** tabs; each mode has its own expenses, costs, and forecast.
  * Percentage expenses are calculated from monthly rent income in Rental mode and from ARV (After Repair Value) in Flip mode.
  * Presets load as starting values on new analyses. Existing saved analyses keep their per-deal numbers.
  * Only admins can save. Click **Save Financial Presets** to apply edits. **Reset** asks for confirmation, restores both modes, and saves the standard financial defaults immediately without changing the pinned offer formula or Deal Calculator defaults.
</Info>

## Where to find it

Open **Settings** from the sidebar, then choose **Financial Presets** under **Basic Setup**.
Use the **Rental** / **Flip** mode switcher at the top - teal for Rental, green for Flip - so you
always know which analysis mode you are editing. Changes on one mode never overwrite the other.

## Expense presets

The expense table lists the recurring expense rows that the Deal Calculator can include. Each row
has:

| Column       | What it does                                                                                                                                 |
| ------------ | -------------------------------------------------------------------------------------------------------------------------------------------- |
| **Expense**  | The row's name, which you can rename                                                                                                         |
| **Value**    | The amount, as either a percent (of monthly rent in Rental, of ARV in Flip) or a fixed dollar amount, switched with the % / \$ toggle        |
| **Auto-add** | When on, the expense is included by default on every new analysis. When off, the row exists as an optional preset users can add per property |

Out of the box, the Expense List starts with only the auto-add rows:

* **Rental Presets (auto-add):** **Property Management** (10%), **Property Taxes** (10%),
  **Insurance** (10%), and **Maint. & Vacancy** (10%). Percents are of monthly rent.
* **Flip Presets (auto-add):** **Property Taxes** (0.1% of ARV), **Insurance** (0.1% of ARV),
  **Utilities** ($100/mo), and **Lawn mowing** ($100/mo). Flip percents are of ARV, annualized
  to a monthly amount.

A larger built-in catalog of optional expenses (HOA, CapEx, vacancy, utilities line items, pest
control, staging, and more) stays available in **Add expense preset** so you can add them in
Settings or per deal in the Deal Calculator. They are not seeded into the Expense List by
default. Use **+ Custom** for your own named expense. Newly added rows start with auto-add off.

## Buying cost

Default acquisition costs added to the deal's total basis:

* **Agent fee** (0%) and **Closing cost** (1.5%), each as a percent or dollar amount.
* Extra line items: **Inspection** (\$400), **Appraisal** (0%), and **Finder's fee** (0%), each as a percent or dollar amount.

Rental and Flip start with the same buying-cost defaults. Adjust either tab if your team underwrites the modes differently.

## Selling cost

Default disposition costs: **Agent fee** (6%) and **Closing cost** (1.5%), each as a percent or dollar
amount. In Flip mode these always apply, since a flip ends in a sale. In Rental mode they are
used when "Planning to Sell" is on for the analysis. Rental and Flip share the same starting selling-cost defaults.

## Forecast

| Field                                     | What it does                                                            | Rental default | Flip default |
| ----------------------------------------- | ----------------------------------------------------------------------- | -------------- | ------------ |
| **Holding period**                        | How long the deal is held, in months or years                           | 5 years        | 6 months     |
| **Appreciation/yr**                       | Annual appreciation percent applied to the property value over the hold | 3%             | 3%           |
| **Plan to sell by default** (Rental only) | When on, new rental analyses include selling cost analysis by default   | Off            | -            |

## What this affects

* **Deal Calculator** - every new analysis on a property loads these presets as its starting expenses, costs, and forecast. See [Deal Calculator](/features/roi-calculator).
* **Target price and ROI** - because expenses and costs feed ROI and target price math, preset changes shift the first numbers your team sees on new deals in [Property Details](/features/property-details) and screening views.
* **Team consistency** - everyone starts from the same assumptions; per-deal edits are deliberate exceptions rather than personal habits.

## What changes when you update it

* New Deal Calculator analyses use the updated presets.
* Properties that already have a saved analysis keep their explicit per-deal values; your edits there are not overwritten.
* Users can still add, remove, or change any expense or cost inside a specific property's calculator.

## Setup tips

* Set conservative defaults if your team uses the calculator for quick screening; it is easier to loosen numbers on a good deal than to catch an optimistic default everywhere.
* Review the buying and selling cost boxes separately on each tab; rentals and flips rarely share the same cost profile.
* Update presets when insurance, taxes, management fees, or market appreciation assumptions change in your market.
* For one unusual deal, override inside the property instead of changing organization defaults.

## Limitations

* Presets apply organization-wide per mode. There are no per-market or per-teammate preset sets.
* Percent expenses always use the mode's basis: monthly rent for Rental, ARV for Flip. You cannot pick a different basis per row; switch the row to \$ if you need a flat amount.
* Changing presets never rewrites saved analyses; only new analyses pick up the new defaults.
* Only admins and owners can save changes.

## Common questions

<AccordionGroup>
  <Accordion title="What happens if I change presets after we've analyzed deals?">
    Existing analyses keep the values that were saved on them, including any explicit edits. New
    analyses use the new presets. Nothing is recalculated retroactively.
  </Accordion>

  <Accordion title="What does the Auto-add toggle do?">
    Auto-add controls whether the expense is included automatically on every new analysis. Rows
    with auto-add off stay available as optional presets that users can add per property.
  </Accordion>

  <Accordion title="Why do percent expenses look different on rental vs flip?">
    Percent values use a different basis per mode: percent of monthly rent income in Rental mode
    and percent of ARV (annualized to monthly) in Flip mode. Switch a row to \$ with the toggle if
    you want a fixed monthly amount.
  </Accordion>

  <Accordion title="Do presets replace per-property edits?">
    No. Presets are starting values. Users can override any expense, cost, or forecast value
    inside a property's [Deal Calculator](/features/roi-calculator).
  </Accordion>

  <Accordion title="When do rental selling costs apply?">
    Rental selling cost presets are used when the analysis has "Planning to Sell" on. Turn on
    **Plan to sell by default** in the Rental forecast if you want new rental analyses to include
    selling costs from the start.
  </Accordion>

  <Accordion title="Where do loan assumptions live?">
    Financing is separate. Set default loan scenarios in
    [Financing (Loans)](/settings/basic-setup/financing-loans).
  </Accordion>
</AccordionGroup>