I’m very excited to announce that last night we launched a new and FREE real estate property analyzer online tool on LandlordMax. This is a great tool, and I would wager the most in-depth tool of this type that you can find online! It doesn’t just create a simple amortization table for you, it creates 7 major reports, including: Amortization Table, Yearly Income Versus Expenses, Yearly Cash Flow, Property Appreciation Versus Debt, Cash on Cash Return, Net Operating Income (NOI), and Debt Coverage Ratio.
What’s really great about this tool is that it also takes into consideration several variables that you enter when calculating all of the reports, variables such as vacancy rate, annual property appreciation rate, annual income/expense growth rates, and so on. It also gives you the option to put in one time capital expenditures, custom yearly expenses, and so on.
As you can see, this is an in-depth real estate property analyzer, especially considering it’s free!
I’d also like to take a minute to thank everyone who’s helped us test it. As well, I’d like to especially thank two individuals who provided me with exceptional feedback. They are Glenn Scott (a local real estate investor and founder of Symbiotic.com) and Albert Boudreau (founder of Ideal Property Management). Thank you!
Please let me know what you think of it. If you have any comments or feedback, I’d be more than happy to hear about it. And don’t forget to let your fellow real estate investors know about it!
The link is: http://www.landlordmax.com/real-estate-analyzer