EstatePal is a useful business application, which serves as a valuable tool for Financial Management and Real Estate professionals by providing three important analytical functionality:
[1] Calculate the Capitalization Rate for a prospective rental property.
[2] Calculate the average square footage cost of four (4) comparable properties, while...
[3] Calculating the potential Fair Market Value (price) of a candidate property.
FEATURES:
Feature 1:
Calculate the Capitalization Rate by entering four basic information:
- Annual fixed cost
- Annual variable cost
- Potential (estimated) annual income
- Property price (market) of the rental property
Click on the Calculate Cap Rate link, and if the result is 10% or greater, you have a solid investment indicator.
Feature 2:
Calculate the Fair Market Value of a property under consideration by providing basic information:
- The square footage of the candidate property in the community
- The square footages and market prices of 4 comparable properties in the community
Click on the Calculate Avg link and the result will return:
- The square footage of each property listed
- The average price per square foot for all 4 properties
Click on the Calculate FMV link and the app will return the Fair Market Value for the target candidate property.
EstatePal is provided FREE to you for educational-entertainment purposes only. EstatePal does not assume any liability for errors, omissions and/or losses due to the use of the resulting calculations. Please verify your number independently before applying them.
Download this FREE version of EstatePal now available at the App Store!
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