With home foreclosures hitting record highs, Apartment Analytics Software, LLC, a leader in easy-to-use, Excel-based real estate investment software, announced today the release of its single-family version, the iProfit Analyzer™.
“Based upon the success of the Apartment Acquisition Model™, this was the next step in offering a full product line to real estate investors nationwide,”
Whether a new or seasoned single-family, town home or condo investor, the biggest mistake an investor makes is paying too much for a property. The iProfit Analyzer™ takes the guesswork out of potential acquisitions by letting the user enter data and assumptions about an investment opportunity. The iProfit Analyzer™ creates a detailed (up to) 10-year cash flow analysis and calculates key investment metrics to aide an investor in determining if they should buy or walk away.
“All investors need to fully understand how they can make money when buying a single family home, town home or condo for rent,” said Roberts. “With so many high yielding opportunities available in the market, the iProfit Analyzer™ is an investment tool to help an investor quickly and accurately evaluate a potential investment property. We recognize that cash flow pays mortgages, not pictures and maps,” said Darrell Roberts.
A Pro version will soon be available that calculates the after-tax cash flows for investors.
