Most of my classmates and friends have started purchasing houses. This coupled with the fact that I am in coveted DINK (double income no kids) group now have prompted me to do some preliminary research on buying a house. In my quest few things became obvious,
- Any house worth its tiles costs more than a million rupees.
- For a first house 2bhk is ok, 3bhk is good.
- An apartment with 2bhk in Chennai (where we would be based for a while) costs atleast 15L (that is on the lower side, it might be upwards of 20L)
- Making a quick decision on whether or not to have your own roof is not so easy.
So I have come up with a way to decide it based on pure numbers (obviously using excel). Here it is.
At the outset the choices are whether (1) to invest in house or (2) to invest the money somewhere while paying the rents.
The cash flows associated with (1) are: EMIs, One time down payment, tax benefits on interest and principal. And at the end of the period house value if I decide to sell. I have assumed that I would sell it off.
The cash flows for (2) are: rent, tax benefits on HRA, any appreciation of money (EMIs) through investments and tax paid on the same
The variables that control the net present value (npv) of these investments are,
- monthly rent
- basic & hra (to calculate the tax benefits on hra)
- growth rates in basic sal and rent YoY
- cost of the house
- loan %age & tenure
- interest rate (assumed to fixed through out)
- house value appreciation %age YoY
- maximum allowed tax free interest & principal payments
- tax rate
- returns on your investments if you invest it elsewhere
- returns on 5 yr. bank FD.
A sample set of values are shown aside.
My guess is you need about 4 seconds for each of these 15 values. Once you know them, you can generate the cashflow for both buy and rent options. As you can see, for this set the npv of rent is higher than buy.
Some observations:
1. House value need to appreciate at really high rates for it to become attractive. Something like 12% YoY. Given the current property prices, 12-15% growth may be unreasonable over a horizon of 12-20 years.
2. On the contrary even if your investments generate a modest 11% return they could be worth so much more than the house.
3. As house cost goes up so is the attractiveness of the rent option.
My conclusion:
I have decided not to buy a house although not entirely based on this. I want to give some more time to myself and that little freedom of having a bulging savings account or whatever.
But if you want to play around and find out if the house is actually working out for you can download the excel sheet I have made. Just use the sliders to change the values, have fun. And let me know how it is. Download the house investment decision maker excel sheet
21 Responses to “How to Filter Odd or Even Rows only? [Quick Tips]”
Infact, instead of using =ISEVEN(B3), how about to use =ISEVEN(ROW())
So it takes away any chance of wrong referencing.
I like Daily Dose of Excel
I like it.
Just a heads up, you do need to have the Analysis ToolPak add-in activated to use the ISEVEN / ISODD functions. An alternative to ISEVEN would be:
=MOD(ROW(),2)=0
rather than use a formula, couldn't you enter "true" in first cell and "false" in the second and drag it down and than filter on true or false.
Just for clarification, is Ashish looking to filter by even or odd Characters or rows?
so many functions to learn!
Nice support by chandoo and team as a helpdesk. Give us more to learn and make us awesome. Always be helpful.......
In case you want to delete instead of filter,
IF your data is in Sheet1 column A
Put this in Sheet2 column A and drag down
=OFFSET(Sheet1!A$1,(ROWS($1:1)-1)*2,,)
(This is to delete even rows)
To delete odd rows :
=OFFSET(Sheet1!A$2,(ROWS($1:1)-1)*2,,)
If your numbered cells did not correspond to rows, the answer would be even simpler:
=MOD([cell address],2), then filter by 0 to see evens or 1 to see odds.
I sometimes do this using an even simpler method. I add a new column called "Sign" and put the value of 1 in the first row, say cell C2 if C1 contains the header. Then in C3 I put the formula =-1 * C2, which I copy and paste into the rest of the rows (so C4 has =-1 * C3 and so forth). Now I can just apply a filter and pick either +1 or -1 to see half the rows.
Another way, which works if I want three possibilities: in C2 I put the value 1, in C3 I put the value 2, in C4 I put the value 3, then in C5 I put the formula =C2 then I copy C5 and paste into all the remaining rows (so C6 gets =C3, C7 gets =C4, etc.). Now I can apply a filter and pick the value 1, 2, or 3 to see a third of the rows.
Extending this approach to more than 3 cases is left as an exercise for the reader.
Another way =MOD(ROW();2). In this case, must to choose betwen 1 and 0.
[...] How to Filter Even or Odd rows only [...]
very different style Odd or Even Rows very easy way to visit this site
http://www.handycss.com/tips/odd-or-even-rows/
Thanks for the tip, it worked like magic, saved having to delete row by row in my database.
Thanks!
Thankssssssssssssssss
Hi Chandoo- First of all thanks for the trick. It helped me a lot. Here I have one more challenge. Having filtered the data based on odd. I want to paste data in another sheet adjacent to it. How can I do that?
For Example-
A 1 odd
B 3 odd
C 4 even
D 6 even
I have fileted the above data for odd and want to copy the "This is odd number" text in adjacent/next sheet here. How can I do that. After doing this my data should look like this
A 1 odd This is odd number
B 3 odd This is odd number
C 4 even
D 6 even
Hi! Could you please help me find a formula to filter by language?
Thank you!
Chandoo SIR,
I HAVE A DATA IN EXCEL ROWS LIKE BELOW IS THERE ANY FORMULA OR A WAY WHERE I CAN INSTRUCT I CAN MAKE CHANGES , MEANS I WANT TO WRITE ONLY , THE FIG IS FRESH, BUT IN BELOW ROW IT WILL AUTOMATICALLY TAKE THE SOME WORDS FROM FIGS AND MAKE IN PLURAL FORM , WHILE USING '' ARE'' LIKE BELOW
The fig is fresh - row 1
Figs are fresh - row 2
The Pomegranate is red - row 3
Pomegranates are red - row 4
=IF(EVEN(A1)=A1,"EVEN - do something","ODD - do something else") with iferron (for blank Cell)