This new and improved model includes both monthly and annual cash flows, as well as a returns summary and sensitivity analysis section. All the inputs flow directly to the monthly cash flow section and thus allow for a more precise analysis and ability to dictate when certain cash flows happen on a monthly rather than yearly basis.
For example, there is now the ability to input tax payments and insurance premium payments into a specific month every year growing at X%. Additionally, the IRR is now being calculated using the XIRR excel formula allowing for a much more accurate calculation of this return metric.