Some properties look great on paper and terrible in your actual life. Others are quiet, steady performers you’d happily own forever. The numbers alone don’t tell that story.

The Return vs. Headache Worksheet helps you score each property not just on financial performance, but on management burden—so you can see which assets deserve more capital, which should be stabilized, and which belong on the sell or 1031 list.

What the worksheet tracks:
– Basic financials: income, expenses, net cashflow or NOI
– A 1–5 “headache score” for tenants, repairs, and management time
– Your tolerance level and whether the property still fits your life
– A simple grid to flag properties as Keep, Improve, Delegate, or Exit

Use it once a year, or before major decisions, to cut through emotion and see objectively which doors are really serving your portfolio—and which are simply occupying it.