If you are a pro real estate broker or an individual investor that wants to do quick and easy profitability calculations with debt (re)financing, this app is for you!
User-friendly application allowing to calculate the capital gain realized on the sale of a real estate investment & related IRR, using leverage (debt quantum, interest rate, maturity) and by setting out some exit assumptions (year of sale, yearly RE market growth rate, initial purchase price of the investment). The application displays also the value at sale of the property, outstanding balance of debt at sale, monthly debt service, total debt service paid to date and the sale price ratio in currency/m2. All parameters can be set out by the user using sliders or by typing figures in text boxes. Capital gain value is re-calculated dynamically while the user is setting out our updating parameters.
- Discover our latest functionality, the Goal Seek Tool: it allows you to easily fine-tune a selected parameter, among which market real estate growth rate, initial debt interest rate, or monthly rent, to reach your own target IRR of your real estate project. The Goal Seek Tool will automatically find and change the value of the selected parameter (among the 3 mentioned above) and will allow you to reach your targeted IRR.
- "Other expenses" item: set out as an additional monthly cost allowing to define an "all-in" budget comprising additional expenses customary for real estate assets (insurance, owners' collective expenses, etc.)
- Introduction of the notion of "rents" set out as a monthly revenue amount and allow to calculate a Net IRR and Net Capital Gain that includes the eventual total rents received from inception until sale date. You can also specify the start year of rental of your property so that you can decouple it from the acquisition year and rental start (rental can start at a later stage of the project).
- Historical simulations: store in your mobile several simulations you have tested and consult them later even in case you exit from the application, through a recap table
- New: data import/export: "Raw Data Import/Export" functionality allows to send (export) and load (import) Real Estate allocation cases from one user to another. Once imported on your phone, through the copy-pasting of the received raw data (exported by email) in the dedicated text editor, you can continue to work on your phone upon or modify the real estate simulation sent by your collaborator. In turn, you can then re-send to your collaborator the raw data reflecting the modified Real Estate Case. This enhancement enables collaboration and exchange of Real Estate simulations among several Real Estate Capital Gain app users. This new collaborative functionality is available for purchase through the Apple Store.
- debt capacity module: this module allows you to assess your indebtedness/debt capacity based upon a monthly target amount (input) that you can afford to allocate to debt service payments each month as well as upon interest rate & debt maturity assumptions
- Mail & CSV data export functionality: directly send & export by email (with CSV file generated & attached automatically) all inputs and outputs of your real estate simulation by clicking on the "SEND" button
- Calculation conventions & definitions provided.
Keeps shutting down if you try to manipulate numbers. Does not work!
Response from developer
Recent update: We have released an updated version that uses now the Iphone's default keyboard so that you can adapt your decimal inputs to your Iphone's regional decimal conventions and avoid bugs. This default keyboard provide better flexibility to ensure compatibility across regions.
Dear User,
We are sorry to hear about the issues you've encountered with our app. We truly appreciate your feedback and apologize for any inconvenience this may have caused. We did implement the necessary adjustments for decimal inputs which should ideally ensure compatibility across regions, including the USA and American iPhones. Furthermore, the app has been tested by our team and by the Store before publication which should ensure full functioning of the app.
Could you please give an example of the number manipulation you are doing to help us understand your issue?
We're committed to resolving this matter promptly. Our development team is actively looking into the bug you've mentioned to identify and address the root cause. Your input is invaluable in helping us enhance the user experience. Thank you for your patience and understanding.
If you have any further details or insights regarding the issue, please don't hesitate to share them with us. We'll do our best to rectify the situation and ensure that your experience with our app is seamless.
Best regards