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Rental ROI

Rental ROI
  • #: 20997
  • Price: $0.99 In Apple Store
  • Category: Finance
  • Updated: 2009-08-28
  • Current Version: 1
  • 1
  • Size: 0.00 MB
  • Language: English
  • Seller: brian drye
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 2.2.1 or later
  • © brian drye
  •  Add to Favorite apps

 

Description

Rental Property Return on Investment (ROI) Calculator

Thinking of buying a rental property?

This App will estimate yearly ROI calculations based on the specifics of the property and loan. Quickly view calculations for each year, up to 20 years, by using the slider control.

The following inputs may be specified: Purchase Price, Down Payment, Improvements, Interest Rate, Loan Term, Taxes, Other Annual Expenses, Appreciation, Rent, Rent Appreciation.

Rental ROI will automatically calculate: Closing Cost, Total Out of Pocket, Loan Amount, Monthly Mortgage Payment, Annual Cash Flow, Cash Net, Cash ROI, Cash plus Equity ROI, Property Value, Accumulated Equity, Principal Remaining, and the Montly Rent being charged in a given year.

The application is intended to provide an estimate of actual returns, and is not intended to be an exact calculation. For example, dollar amounts do not include cents.

Consult an accountant before entering into any contract. Rental ROI and its creator do not guarantee returns, and in no way accept liability for your personal financial decisions.

iPhone Screenshots

Rental ROI iPhone Screenshot 1

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Rated 2/5 based on 2 customer reviews.

 

0/5 stars

Lame...one-screen app...hardly worth the $$$

:
I have to re-enter all my values every time?!? Too much trouble to use. Many values eg closing cost is fixed. Not useful.

4/5 stars

Great app

:
Comes in handy to figure out payments, appreciation over the years, and cash flow. The only thing is the slider show go to 30 years, since many loan terms are 30 years. Otherwise it is a great app. Well worth the money. Thanks for writing it!!

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The information may be outdated (2011-03-28 00:02:10). For actual information go to iTunes

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