Property Evaluator - REI Calc

Property Evaluator - REI Calc Software


Company Name:

About: Lumi employs SaaS-based technology to build mobile apps that aid market research and event feedback
activities.
Headquarters: Liphook, Hampshire, United Kingdom.

 
  2023-12-24

Pro Overview


What is Pro?

Property Evaluator is a real estate investment analysis software for iPad and iPhone that helps investors, real estate agents, and lenders analyze deals before buying a property. It provides performance projections that allow for an apples-to-apples comparison between properties and enables users to email professional PDF reports to clients, lenders, or investment partners. The app takes the guesswork out of finding the best deals and helps users perform their due diligence.



Features


- Edit values, view reports, and save changes for a single property

- Slide your finger to change the holding period from 0 to 30 years, and all of the numbers instantly update

- Take a photo and store it with the property

- View a map of the property

- Allows up to 3 expenses

- Built-in mortgage calculator with complete payment schedules

- Allows semi-annual compounding for Canadian mortgages

- International currencies and units are fully supported

- Save multiple properties or what-if scenarios (Premium version)

- Email the performance projection to clients, lenders, or investment partners as a PDF file (Premium version)

- Print the performance projection to an AirPrint-compatible printer (Premium version)

- Evaluate multi-unit and commercial properties (Pro version)

- Brand the PDF reports with your name, company, logo, and contact info on the cover page, header, and footer (Pro version)

- Create property portfolios to group properties, compare properties, and see the combined performance of the portfolio (Pro version)

- Add multiple photos with captions (Pro version)

- Itemize closing costs and improvement costs with custom categories (Pro version)

- Estimate improvement costs by entering your own quantities and costs per unit (Pro version)



Official Screenshots


         


Product Details and Description of



Property Evaluator is the most powerful real estate investment analysis software for the iPad and iPhone. After entering some information about the property, you can view performance projections that help you do a true apples-to-apples comparison between properties. You can also email a professional PDF report to your clients, lenders, or investment partners. It takes the guesswork out of finding the best deals! Whether you're investing in a foreclosure, short sale, REO, MLS listing, or commercial property, this app will help you run the numbers quickly and perform your due diligence. WHO USES PROPERTY EVALUATOR? • Investors use it to analyze deals before they buy the property. • Real estate agents and lenders use it to email professional PDF projections to their clients. WHAT ARE PEOPLE SAYING ABOUT IT? "I have to tell you, as an investor I have designed a multitude of spreadsheets to crunch numbers on my deals. Now, I only use your app! You have done an amazing job of creating an efficient, effective and easy way of getting to the bottom line. Thanks!" - Chief Denney "I am a very active realtor and have integrated the Property Evaluator app in my every day business. Honestly, I just met with an investor earlier today who kept ranting on and on about how he loved the presentation and how professional it was and it's so much better than his Excel sheets. Little does he know it took me about 5 minutes to get the report ready." - Adam Yera FEATURES IN THE STANDARD VERSION: • Edit values, view reports, and save changes for a single property • Slide your finger to change the holding period from 0 to 30 years, and all of the numbers instantly update! • Take a photo and store it with the property • View a map of the property • Allows up to 3 expenses • Built-in mortgage calculator with complete payment schedules • Allows semi-annual compounding for Canadian mortgages • International currencies and units are fully supported YOU CAN UPGRADE TO THE PREMIUM OR PRO VERSIONS WITHIN THE APP TO ACCESS THE ADDITIONAL FEATURES LISTED BELOW. ADDITIONAL FEATURES IN THE PREMIUM VERSION: • Save multiple properties or what-if scenarios • Email the performance projection to your clients, lenders, or investment partners as a PDF file • Print the performance projection to an AirPrint-compatible printer ADDITIONAL FEATURES IN THE PRO VERSION: • Evaluate multi-unit and commercial properties • Brand the PDF reports with your name, company, logo, and contact info on the cover page, header, and footer • Create property portfolios. This lets you group properties, compare properties, and see the combined performance of the portfolio. • Add multiple photos with captions • Itemize your closing costs and improvement costs with custom categories • Estimate improvement costs by entering your own quantities and costs per unit ----- See more screenshots and a sample PDF report at: http://www.this app.com ----- I am dedicated to responding quickly to support requests. If you have questions, problems, or feature requests, please send me an email using the Support link below. -----




Top Reviews

By RontheEBA

Can’t email reports

Please fix.

By Lagunareview

You will love this AP

I never write reviews, but this AP blows me away. With 90 APs on my iPad, I've tried many, but this is one of my very favorites. If you are in a business where valuing properties is important, this is the one. I've usually done analysis (20 plus years experience- over 100 investment deals) using a far more expensive software program. I have spent several thousand on one analysis program and it doesn't do anything that you can't do with this AP. The input of data is simple and logical. The numbers flow properly and logically to valid IRR and cap rate results. The pro version is much better than the free version, but that is to be expected. In the pro version, my data input time is minimal for properties with over 100 units and multiple expense items. 10 year hold or 20, simple. The PDF printing and emailing beats any other investment program I have ever seen. It is pretty, simple for a lender or investor to follow and allows for numerous pictures. Simple, clean and affordable. This program would also be excellent for residential agents looking to understand investment analysis. Plugging in a few properties will be an excellent tutorial for learning the definitions and logic of investments. This program is tremendous and the developer is working daily to improve it. 5 stars for sure!

By Dave at IDEAL

A Great Tool

Managing deal flow can be a challenge. But this app integrates a thorough analysis with the ability to add multiple photos, run a scenario out over ten years by dragging a simple slider, and adjust assumptions on the fly. I honestly enjoy running the numbers on my iPad. Sending analysis instantly to partners or other investors is a dream. I either snap photos of the property from the online pro-forma or snap off some photos right from my iPad 2. The .PDF reports this app generates are clean and professional looking. Organizing my properties into portfolios helps me keep track of which property came from which source. My workflow calls for a few added features (like expense analysis and ratios). A simple email to the developer got a reply right away. That turned into a phone call and left me feeling good about where this app is going. He has a great to-do list of added features. I won't ruin the surprise, but I'm looking forward to the updates! This developer is a real estate investor himself. He uses the app to do his own analysis. I felt he understood exactly where I was going with my request and is eager to make the changes. I should be clear: This tool is great as-is. I've had it for months and use it every day. The updates that he has planned will be icing on an already good cake.





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