MRE: Multifamily Real Estate Calculator app for iPhone and iPad
Developer: Peter Nguyen
First release : 06 Nov 2016
App size: 798 Kb
MRE: Multifamily Real Estate Calculator
MultiFamily Real Estate Evaluator is designed for Commercial property investors, brokers, and bankers who want to quickly calculate the value of multifamily properties as well as estimate loan amounts for purchase or refinance.
MultiFamily Real Estate Evaluator was originally developed by commercial mortgage brokers who wanted to use the Evaluator as an aid to their clients while discussing different scenarios on a particular property. As an investor, you can quickly see if the investment property in question makes sense and at the same time see how much money the lending institutions are willing to loan.
MRE will calculate:
1. Property Values based on NOI and Capitalization Rates
2. Capitalization Rates
3. Net Operating Incomes based on Gross rents and Gross Expenses.
4. Estimated Loan Amounts based on NOI.
5. LTV based on Property Values
You can even email your results!