mixedup Apps
Rental Property Selector 2.0
Are you looking for an investment/rental property and want anEasy-to-Use app to do quick evaluations of feasibility? Are youtired of the detailed finance apps that require you to manuallytype in all the various costs/amounts via the keypad? This app isfor you. This app makes things simple by: * Uses "rule of thumb"metrics to estimate parameters automatically for you
(e.g. rentalexpenses = x% of rent). * Easy-to-use slider based controls to setvalues (no keyboard entry). * Visual indications (gauges) to seeimmediate impact of altering values (e.g. expected rent, purchaseprice etc) * Customize the default values for rule-of-thumbparameters plus override them if required for a particularproperty. Other features include: * Property Edit View - withimmediate visual feedback * Report View - shows calculationderivation for the property * Property Comparison View - comparesproperties via their key indicators * Goal Seeker Function - Clickon wand to determine what purchase price you would need to offer to“break even” on a rental property * Help Screens * Share viaFacebook, Twitter, Email, SINA if you have configured on yourdevice * Custom Costs: Specific costs you can select for yoursituation:
- V1.0: Stamp Duty calculations for each state inAustralia Includes coverage for: - Purchase Price - Weekly Rent -Loan Costs - Other Costs (e.g. conveyancing) - Custom Cost - CashInjection (cash you inject to lower loan) - Vacancy Rate - RentalExpenses (managing agent, rates, etc) - Depreciation Rate -Interest Rate (on loan) - Tax Rate (used calculate tax cost/refund)- Ability to toggle on/off support for “Interest on Loan is taxdeductible” DISCLAIMER: This app provides onlyapproximate/indicative figures only. The user should only makeinvestment decisions based on advice from a professionalaccountant. Related Terms:depreciation,vacancy,flow,investment,mortgage,expenses,profit,cash,stamp,duty,loan,rate,interest,tax
