·         Determine how much rent to charge.  Simply enter the market rental rate or your estimate and quickly determine if your expenses will be covered.  Easily increase or decrease the rent amount to see the effects on the bottom line.
 

·         Analyze from 1 to 500 rental units per property.  Easily enter your rent roll and expenses for up to 500 units/tenants in the ... and simply modify the program if you need more units.  Enter annual lease rate increases and increase annual expenses by an inflationary amount.  Evaluate as many properties as you need.

·         Determine the value of the property and avoid overpaying.  Enter current asking price and see if  the cash flow will cover the debt payments and expenses.  Determine the tax benefits from depreciation.  Easily adjust the property purchase price upward or downward to see the effects and determine the maximum you should pay. 

Enter the market Capitalization Rate (Cap Rate) and Gross Rent Multiplier (GRM) and determine the value of the property based on the rental income.

·         Goal Seek & Sensitivity Analysis.  Quickly and easily solve backwards to determine what the actual purchase price, fair market  value, or beginning rental income must be to attain your required rate of return!

Example: You input information on a property with an asking price of $150,000.  The software computes a rate of return of only 6%.  You want to know what the purchase price should be to earn 15%.  You simply enter 15% into the Goal Seek and the program will solve backwards and tell you what that purchase price needs to be to obtain a 15% return!

See Screen Shot

• Perform what-if calculations.   Change your input over and over to see the effects on profit and investment return.  (Also see Goal Seeking feature)

·         Compute federal and state income taxes.  Quickly determine the tax benefits that would be generated from owning the rental property.  Evaluate your rental property with or without income taxes.  See the effects of your cash flow if your losses are limited by the passive activity rules.  Our software calculates tax depreciation for real and personal property.  Our software is updated for the new federal capital gain tax rates that were recently enacted.

Warranty: We update the software for free for 12 months from date of purchase if a tax law change effects our program.

·         Forecast your property's cash flow for 20 years.  Evaluate your rental property's performance over a 20 year time period.  A cash flow analysis is computed for each year along with a complete property sale computation.  You now can easily see how your investment would do at the end of each and every projected year.  These computations are summarized in an easy to read report and is graphed.

Show any number of years up to 20... e.g. you can show just years 1 through 4.
 

·         Determine the best year to sell the property.  The information generated from your analysis will help you determine the best year to sell the property.  You will be able to compare the annual rate of return, cumulative cash generated and other ratios and financial information.  Our software helps paint a picture for you and helps you forecast when the property may start underperforming.  If the performance is below you requirements, that may suggest an exit from the investment.

·         Calculate a Rate of Return: IRR & MIRR (or FMRR).  A leveraged internal rate of return (IRR) and modified internal rate of return (MIRR) are calculated for each year of property ownership.  The calculation is a function of the initial investment you make compared to the cumulative cash flow generated.  Easily determine if your required return on investment would be met.  The software will also automatically compute an unleveraged IRR & MIRR so that you can compare how beneficial borrowing would be for that particular investment.  Simply change the amount borrowed and compare the unleveraged and leveraged IRR & MIRR results.

·         Determine the effects of capital improvements on profitability.  Sure... that property looks like a great investment now, but what happens to your return if you have to replace the carpet, or roof?  What happens to your cash flow?  Can you afford it?  Now you can easily project the effects by entering future improvements for any year of the 20 year analysis.  Entered amounts can either be depreciated or immediately expensed.*

You can also elect to have improvements adjust the fair market value of the property.
 

• One software version for all real estate investments.   Analyze commercial, residential, condos, warehouses, shopping centers, mobile home parks, raw land and more.  No need to buy separate software versions.

• Conditional Formatting.   Output turns red when numbers are negative.

• Currency conversion.  Convert the dollar format to euro format and apply a currency conversion amount to change the values of the input automatically.

• Refinance up to two times for existing loans.
  Place a loan in service in any month and any year...  not just at the purchase date.

·         Print presentational-quality reports & graphs.  Easily print reports that summarize your property's financial performance.  Use the reports to compare to other investments, to obtain financing from bankers, or to illicit investor capital.

·         Compute 3 new or assumed loans.  Interest expense, and payment obligations are automatically computed.  Includes an interest-only option and adjustable rate mortgages (ARM) option.*  Print amortization schedules showing the mortgage information.*  You can also amortize points paid.

·         Allow for foreclosure and below-market purchases.  The cost of the property may not always be the fair market value especially when you are buying properties at distressed prices.  The software quickly computes the return on the spread.  A great tool for property flippers!  Forecast and determine the future property value by entering a projected growth rate.  Determine the tax implications an cash flow from sale.
 

  Hardcopy
  89 page User Guide and Manual 
 
  (Click to View)

• Calculate important financial ratios.