Good App for Brokers And Their Clients – Real Estate Investing Analyst Review

I like this app for running cash flows and measuring how investment returns are impacted by different offering price assumptions that a Buyer might consider. It takes a few runs to get used to the input and output features. But then it's easy to use and everything's there to measure IRR, Cash-on-Cash, Debt Coverage, etc. It does not allow Discount Rate input, so DCF asset pricing/valuation is not available at this time. Cap Ex could be expanded to allow for a bit more detail. Capital Expenditure projects are critical in negotiations and they need to be tracked. The app forecasts financing and tax consequences. It also has a useful feature that indicates in broad terms how financeable your asset is based on certain ratio measures derived from your model. This app's data sharing features make it particularly good for brokers and their clients to exchange property information and analysis results. The broker can upload property information, photos, etc. and forward it to their client. The client can see the inputs/outputs and manipulate the model based on their own operating, tax, financing and pricing assumptions.
Review by neeksac on Real Estate Investing Analyst.