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
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 useful tool the app is very user friendly!
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.