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!
Visit www.biznizcamp.com for more educational-entertainment activities.
