Buy Repair Rent Refinance Real Estate Calculator Apk
Apk Infos
| Version | 30.0 |
| Rating | 3.3/5, based on 7 votes |
| Size | 1.5 MB |
| Requires Android | Android 4.0+ (Ice Cream Sandwich) |
| Author's Notes | Buy Repair Rent Refinance Real Estate Calculator |
About Buy Repair Rent Refinance Real Estate Calculator APK
Table Of Contents
Description
BRRR Calculator application is used when deciding to invest in rental real estate. The main distinction of the application from other similar is that the investment decision is taken on the basis of income, the investment will bring, not the price demanded by the seller.To calculate investment property return provide Monthly Rent - rental income, Property Taxes per year, Property Insurance per year, Annual Repairs - a percentage of annual income (e.g. 5%), Vacancy - estimated number of weeks property is not occupied by tenants (e.g. 2 weeks). Based on these data are calculated Total Annual Income and Total Annual Expenses. Offer Price that make sense to buy this property is calculated as Net Operating Income (NOI) which is equal to Total Annual Income minus Total Annual Expenses divided by Cap Rate - a selected value around 8% or more. The offer price is reduced by the initial cost – Start Up Expenses of restoring the property rental condition. Entering a percentage what part of that price is a loan - Mortgage LTV in %, shall determine the monthly cash flow income (Cash Flow) as NOI minus Annual Mortgage Payment - annual payment for servicing the loan to purchase the property. If Cash Flow is below a amount provided by the user (e.g. $200 ) it is not worth making a deal. Another indicator is the Debt Servicing Ratio ratio of NOI to the annual payment for servicing the loan Mortgage Per Year. If this figure is less than 1.25 also is not worth doing a deal. The Return On Investment (ROI) is calculated as annual cash flow divided to the own capital invested in the property (100 - LTV %). The great ROI the better to invest in this property. If the investment is 100% financed with a loan, the ROI is infinity.
The app allows you to perform calculations on one of the following three parameters: monthly income; Cap Rate ; and Offer Price of the property to the depositor when set two of them and the others. For example, what monthly income if set Offer Price, Cap Rate and other parameters.
The application for one property is stored in preferences and automatically restores next time when application start. BRRR Calculator Enterprise is enhanced application capable of storing data for multiple properties and more investment features.
Latest updates
What's new in version 30.0
fixHow to install Buy Repair Rent Refinance Real Estate Calculator APK on Android phone or tablet?
Download Buy Repair Rent Refinance Real Estate Calculator APK file from ApkClean, then follow these steps:
Update Phone Settings
- Go to your phone Settings page
- Tap Security or Applications (varies with device)
- Check the Unknown Sources box
- Confirm with OK
Go to Downloads
- Open Downloads on your device by going to My Files or Files
- Tap the APK file you downloaded (net.eaglepeak.brrr_calculator-v30.0-ApkClean.apk)
- Tap Install when prompted, the APK file you downloaded will be installed on your device.
Older Versions
| 30.0 (30) | 1.5 MB |
| 28.0 (28) | 1.5 MB |
Questions & Answers
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As soon as the Play Store finds a version of the app newer than the one you've sideloaded, it will commence an update.
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