Rental ROI app for iPhone and iPad
Developer: brian drye
First release : 28 Aug 2009
App size: 38.65 Kb
Rental Property Return on Investment (ROI) Calculator
Thinking of buying a rental property?
This App will estimate yearly ROI calculations based on the specifics of the property and loan. Quickly view calculations for each year, up to 20 years, by using the slider control.
The following inputs may be specified: Purchase Price, Down Payment, Improvements, Interest Rate, Loan Term, Taxes, Other Annual Expenses, Appreciation, Rent, Rent Appreciation.
Rental ROI will automatically calculate: Closing Cost, Total Out of Pocket, Loan Amount, Monthly Mortgage Payment, Annual Cash Flow, Cash Net, Cash ROI, Cash plus Equity ROI, Property Value, Accumulated Equity, Principal Remaining, and the Montly Rent being charged in a given year.
The application is intended to provide an estimate of actual returns, and is not intended to be an exact calculation. For example, dollar amounts do not include cents.
Consult an accountant before entering into any contract. Rental ROI and its creator do not guarantee returns, and in no way accept liability for your personal financial decisions.