Category | Price | Seller | Device |
---|---|---|---|
Finance | Free | Serelyn LLC | iPhone, iPad, iPod |
Differentiating features from other real estate investing apps:
- Ability to change offer price based on a target internal rate of return (IRR), cash on cash return, 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 expense items for one property at a time with basic (free) version and unlimited tenant units, revenue items, and properties with in-app upgrade
- Ability to find and download property data and investment assumptions of investment properties created by other users around the world. Check it out at http://www.realinvestingapp.com/properties
- Ability to upload property data to share with other devices or other users. Possibility of finding buyers or investment partners among app's global user base
- 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 35-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 investor
Other 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 presentation
Overview of all features and online guide available at www.realinvestingapp.com.
Yo, I'm a serial entrepreneur here in Atlanta GA. Just got started with Small Apartments. My team and I have been Analyzing Deal after Deal by hand for months. With all the due diligence just to get correct numbers Organizing it quickly in a professional way is GOLD. I use this app daily. Thanks guys. P.s. we are always looking for new deals, and investors to partner with. Give us a call. Best, Cameron Ford The Ford Group P:404.883.7392 Instagram: @the.fordgroup
This software contributed significantly in persuading two banks to finance major purchases. What else would you need? Greg Dow
You can break down all rental expenses and track multiple units with this FREE app!!!! HIGHLY recommended!
Great tool for quick reference in the palm if your hand. I use it for my business all the time
I have had the app for a month. It is very useful for comparing numbers . Nice to have it always available on my iPhone .