Real Estate Potentiometer

Features Real Estate Potentiometer

The Real Estate Investor's Calculator allows an investor to make quick estimations on the profitability of a property.
Based on the investor's experience, the numbers returned can help the investor make a decision on seeking further due diligence on a property.
This app offers an efficient way to get rough numbers on a property.The calculator does not guarantee any property will yield a profit nor will it protect an investor from a loss.
All it can do is provide a starting point in the decision tree.
Calculations are done in either a Percentage or a Margin basis.
Both take an After Repair Value (ARV) and the calculations start there.

In the Percentage basis method the ARV is discounted, repairs are subtracted and an offer is estimated.
Additional information such as holding costs, purchase and sale closing costs as well as advertising costs are used to estimate profit potential.
In the Margin basis method an ARV and a purchase price are entered and a starting discount percentage is used to calculate an offer price.
Repairs, closing, advertising and holding costs are figured in to estimate profit potential.
The app does have a settings option which allows the user to choose which tab is showing when the app is launched as well as setting default percentages for discounts, advertising and closing as well as fixed numbers for holding and repair costs.
It is up to the user to do their due diligence.
No software application can guarantee profitability, including this one.