Rent or Buy by ERP Rules (Universal)
(1)
Released: Dec 8, 2011
Version: 6
Size: 743 KB
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Price History

Ranking - Finance (iPhone)

Ranking - Finance (iPad)

Rent or Buy

ERP Rules
A must have investor, realtor or home lease App.
Features:
*Including the interest rate, mortgage terms, downpayment, monthly HOA, yearly property tax, yearly maintenance fee, initial modeling, and buyer closing cost

*Including depreciation, appreciation, management fee, effective rental income, number of years waiting time to sale, and comparison to the profit if you put money in bank CD.

*It is fast and efficient. With on button you get results of cap rate, DCR(debt coverage ration), net operating income, yearly cash flow after tax, loan payment monthly, monthly debt including loan and other HOA, property tax, home owner insurance, management and maintenance cost, earned if you put money in bank as CD, the profit if buy to rent vs deposit to bank as CD with your investment money(not mortgages), the profit in a number of years, cost if yo don't have rent income.

*You will be instantly answer if an investment is worth to fulfill, when to sell it is best, how much cash you will earn/lost yearly. Finally it suggests if it is worthy to buy for rental income investment, your profit rate yearly.

What's new in version 6
Fix input keyboard to number and decimal
Add instruction on how to use the tool.
Our verdict: Meh!
  • Rent or Buy is a poorly rated app (1-star).
  • + It is currently 56% off its regular price.
  • + The app is also at the lowest price we've seen.
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