The One New Tool Smart Real Estate Investors Need
May 23, 2013
The real estate buying season is upon us. If you plan to grow your residential rental property portfolio, you will be happy to know that Rental Property Reporter has just launched a new web based tool. The Investment Property Analyzer can quickly tell you if that property you have your eye on will be a good investment or not! All you need to do is input a few pieces of information about the property and the Analyzer will provider a 5 year detailed ROI and cash flow analysis. This powerful and completely free financial analysis tool is the perfect tool to use while visiting perspective investment properties. Simply use your smartphone to input purchase price, down payment amount, interest rate, estimated rents, land value, and property tax rate and instantly get back your expected 5 year ROI and cash flow. Adjust the “purchase price” until you get your minimum acceptable ROI and you’ll know your top dollar offer. There are other optional inputs that can be changed to fine tune the results, more accurately representing any investment’s unique circumstances.
Investing your hard earned money can be very emotional, and the Investment Property Analyzer will help you quickly and logically evaluate your investment opportunities to determine the right purchase price to give you good return on your investment. The Analyzer can also be used to evaluate existing investments. Test different rental rates or the cost of refinancing a property to see how these changes affect cash flow and your overall ROI.
Rental Property Reporter is currently developing additional tools to help investors succeed. Visit the website today to try out the Investment Property Analyzer, and don’t forget to join the community discussion. You can ask or answer questions in our Q&A Forum, review our articles and tips to leave a comment or forward to a friend. Rental Property Reporter wants to be your go-to Internet DIY landlord resource, so please let us know how we can make the website better.