Real Estate Calculator

Real Estate Calculator

by Bruinsquare LLC

4 ratings
5 reviews
Free

Details

Released
October 20, 2012
Updated
May 11, 2015

Features

Real Estate Calculator screenshot #1 for iPhone
Real Estate Calculator screenshot #2 for iPhone
Real Estate Calculator screenshot #3 for iPhone
Real Estate Calculator screenshot #4 for iPhone
Real Estate Calculator screenshot #5 for iPhone
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About

Calculate monthly cash flow for real estate investments. Adjust house prices and interest rates to see how they impact your payments. Ideal for prospective homeowners to understand their financial obligations.

✓Monthly cash flow calculation
✓Adjustable house price
✓Adjustable interest rates
✓Mortgage payment estimation
✓Financial planning tool
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What's New in Real Estate Calculator

4.01

May 11, 2015

fixed the DONE button problem.

User reviews

Doesn’t work...

Can’t adjust cap rate, closing costs, can’t directly input any variables, etc... it’s just bad.

Good, needs a few minor fixes to be great

Custom down payment amounts needed.
App randomly crashes and doesn't save the session data, have to re-enter everything.
Tax percent would be nice to have a $ per year option since it's easier to find annual taxes than it is to figure out percentages.

Poor design

PROS:
1.Easy to use
2.Options for many types of expenses

CONS:
1.No option to save calculations
2.Light green Color used for positive returns is very difficult to see
3.app refreshes calculations often erasing everything u had before
4.updates are rare

MAJOR GLITCH
i emailed the developer this glitch i found: (below is the email i sent)

“There is a glitch in your realestate calculator app by Wai Chan in the “total monthly expense” section. It assumes a property management fee of 10% but doesnt list it in expense breakdown in info window. So when u add a 10% property management fee in the set up section you technically are setting 20% for PM fee without average user knowing this which incorrectly skews the rental potential to underperform. FYI”
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Fits my need well!

Great handy app for real estate owners and investors! It has all the necessary numbers included and you can analyze cash flow of your property instantly!

Highly recommended!

Use it often

I buy houses. To this end I need to quickly run numbers to determine whether my properties will cash flow. This app does the job perfectly and with ease. Couldn't do business without it.

Developer apps

FAQ

How does Real Estate Calculator help me understand my monthly payments?

Real Estate Calculator allows you to input house prices and interest rates, then it calculates your estimated monthly cash flow and mortgage payments. This helps you visualize your financial obligations before buying a property.

What financial scenarios can I explore with Real Estate Calculator?

You can explore various scenarios by changing the house price and interest rate to see how these variables affect your monthly cash flow and mortgage payments. This is useful for budgeting and financial planning.

Is Real Estate Calculator suitable for first-time homebuyers?

Yes, it is great for people who need to buy a house and want to see what they need to pay in a month. It provides a clear overview of potential monthly expenses.

What devices is Real Estate Calculator available on?

Real Estate Calculator is available on iPhone and iPod devices. It is designed for Apple's mobile ecosystem.

How often is Real Estate Calculator updated?

The app was last updated on May 11, 2015, with version 4.01. This indicates the latest update was some time ago.

What is the user rating for Real Estate Calculator?

Real Estate Calculator has a rating of 2.8 stars based on 4 ratings. This suggests a mixed to negative user reception.

Does Real Estate Calculator have ads?

No, Real Estate Calculator does not contain advertisements. It is a free application without the interruption of ads.

What is the age rating for Real Estate Calculator?

Real Estate Calculator has an age rating of 4+. This means it is suitable for users aged 4 and above.