Real Estate Investing Analyst 4.2
Device: iOS Universal
Category: Finance
Price: Free, Version: 4.1 -> 4.2 (iTunes)
Description:A sophisticated yet user-friendly financial model to evaluate single-family, multifamily, and commercial real estate investments, structure mortgage financing, and determine pricing based on valuation metrics.Differentiating features from other real estate investing apps:- Ability to change offer price based on a target internal rate of return (IRR), capitalization rate, or price per square foot- Financing Likelihood Indicator (green, yellow, or red) shows potential viability of proposed financing structure based on bank loan asset quality metrics- Unlimited tenant units, expense items, and revenue items for one property at a time with basic (free) version or unlimited properties with in-app upgrade- Ability to download property data and investment assumptions of investment properties created by other users- Ability to upload property data to share with other devices or other users - Revenue and expense growth can be generalized or customized by year for each item- Common building expenses can be shared with tenants on a tenant-by-tenant basis- Professional investment reports can be sent from your e-mail as PDF attachments- Probably the only real estate app that includes income tax projections, including the tax benefits associated with building depreciation- Ability to add unlimited purchase and sale expense items- Capital expenditure projections by year and by unit / tenant- Projected sale value (which greatly impacts IRR) can be based on price appreciation, cap. rate, or even a discount rate with perpetual growth formula- Produce 5-year cash flow projections with only 2 inputs or hundreds - making this financial model as simple or complex as you'd like it to be- Built for both the complete beginner and the sophisticated investorOther features:- Built-in mortgage calculator allows fixed or floating, amortizing or interest-only loans. Full amortization table is also shown- IRR calculator with fully detailed table- Property picture can easily be added to property profile and PDF presentationOverview of all features and online guide available at www.cre-owner.com.
What's New
- All users can now backup their properties and restore them (or sync them with other devices)- Itemized capital expenditures can now be entered- Number input pad can also convert to a calculator with memory function- Significant changes made to user interface to foster a more cohesive, “flatter” design
Real Estate Investing Analyst