The most sophisticated yet user-friendly app available for the iPad and iPhone to evaluate single-family, multifamily, and commercial real estate investments, structure mortgage financing, and determine pricing based on valuation metrics.
Differentiating features from other real estate investing apps:
- Ability to change offer price based on a target internal rate of return (IRR), cash on cash return, capitalization rate, or price per square foot
- Financing Likelihood Indicator (green, yellow, or red) shows potential viability of proposed financing structure based on bank loan asset quality metrics
- Unlimited expense items for one property at a time with basic (free) version and unlimited tenant units, revenue items, and properties with in-app upgrade
- Ability to find and download property data and investment assumptions of investment properties created by other users around the world. Check it out at http://www.realinvestingapp.com/properties
- Ability to upload property data to share with other devices or other users. Possibility of finding buyers or investment partners among app's global user base
- Revenue and expense growth can be generalized or customized by year for each item
- Common building expenses can be shared with tenants on a tenant-by-tenant basis
- Professional investment reports can be sent from your e-mail as PDF attachments
- Probably the only real estate app that includes income tax projections, including the tax benefits associated with building depreciation
- Ability to add unlimited purchase and sale expense items
- Capital expenditure projections by year and by unit / tenant
- Projected sale value (which greatly impacts IRR) can be based on price appreciation, cap. rate, or even a discount rate with perpetual growth formula
- Produce 35-year cash flow projections with only 2 inputs or hundreds - making this financial model as simple or complex as you'd like it to be
- Built for both the complete beginner and the sophisticated investor
- Built-in mortgage calculator allows fixed or floating, amortizing or interest-only loans. Full amortization table is also shown
- IRR calculator with fully detailed table
- Property picture can easily be added to property profile and PDF presentation
Overview of all features and online guide available at www.realinvestingapp.com.
- Updated for iOS 10.3
Ratings and Reviews
This has helped me
I love this app! It is easy to use and you're able to put in different financial scenarios on properties which has helped me to decide whether I want to purchase a property or not. Best yet, it can also help you determine what Financial scenarios are best according to your tax bracket. I have not seen that in other apps of this nature. I was happy to purchase the pro addition because I like the app so much and the pro allows you to download more than one property.
I have emailed the designers and they have been responsive when I had some questions. I think these guys will go far....
I guess the only way they can make it even better would be to allow you to compare different properties. On the valuation section i'd like to see the valuation metrics for five years rather than only the first year you purchase a property.
Again, I want to thank these people for helping me to understand so many of the metrics used when you purchase properties. They are helping me to make better decisions!
Nice app. I am not a veteran real estate investor and this app is not overwhelming and is helping me have a sense of security that I am making a decent decision. Wonder if you could make it where one could enter in alternate offer prices and see comparisons on impact to metrics and have that in a report? Anyway, thanks for the good work!
Very good app
There is a lot of functionality with controls for growth rates on rent revenue, underlying property value, and expenses. The app also generates a clear pdf with 5, 10, 15 and 30 year projections of a key states including cash on cash return and IRRs. My only criticism is that the basic paid version of app only allows one property at a time to be in use.
- Serelyn LLC
- 32.1 MB
Requires iOS 8.0 or later. Compatible with iPhone, iPad, and iPod touch.
- Age Rating
- Rated 4+
- © 2012-2017 Serelyn LLC
- In-App Purchases
- Advanced Investor Upgrade $5.99
- 1-Year Personalization $19.99
- 7-Day Personalization $5.99
With Family Sharing set up, up to six family members can use this app.