How reference a cell based on the date and another criteria?

[dschev]

So I am creating a portfolio model for real estate and there is 4 possible ways to purchase a property. Creating 4 different possible cash flows. I need to pull the cash flow based on the way I am purchasing a property and based on which year it was purchased.

So for example:

Year 1 Year 2 Year 3 Year 4
Purchase Scenario 1 $1000 $1250 $1500 $1750
Purchase Scenario 2 $2000 $2250 $2500 $2750
Purchase Scenario 3 $3000 $3250 $3500 $3750
Purchase Scenario 4 $4000 $4250 $4500 $4750

I understand how to use index to pull a value in a certain purchase scenario in a certain row in a certain column. My issue is if a property is bought in the second year i need to be able to pull the cash flow from the second year not the first.

Lets say I buy a property using the "Purchase Scenario 2" in the second year. I need excel to pull $2250 and put that in the designated cell. I need this to work based on the date I enter as the purchase date. So if the first year of purchases starts on 1/1/2017 and I enter 1/1/2018 as the purchase date I need the cash flow from year 2 because I am purchasing the property in year 2.

Basically if I designate the property as "Purchase Scenario 3" and I am purchasing it in "Year 2" I need excel to automatically pull $3250 (based on the table I created above).

 

[barry houdini]

Hello dschev, welcome to MrExcel

If your table starts at A1 then with first year start date in J2, your purchase date in K2 and "Purchase Scenario x" in L2 try this formula

=INDEX(B2:E5,MATCH(L2,A2:A5,0),DATEDIF(J2,K2,"y")+1)