How do I correctly model the sale of a rental property?

Hi everyone,

I am going to be selling a rental property. The rental property was purchased in 1998, and was entered into PRC a few years ago.

I want to see if if I am modeling this rental property sale correctly.

I did these things to model this:

1) I updated the "Current Market Value" column to reflect my anticipated sales price.

2. I entered the year I intend to sell in the "Year You Expect to Sell" column. (In my case, 2022.)

3. I entered the closing costs in the column "Sales Closing costs." (In my case, 8%).

4. I left the "Real Appreciation Rate" column blank.

Did I do this correctly?

Thank you very much!

Shayne Bowen