Is this your app? Claim this page to add your own description, links and contact info. It's free. →

Fast Cap Rate

Fast Cap Rate at Mac App Store analyse

jayesh kavathiya
3,200 ratings · Power index: 240
Version 1.1
Size 1.15 Mb
Updated 9 years ago
Released 12 Oct 2015

How do you feel about this app?

Screenshots

Description

Fast Cap Rate is designed for easy calculations for rental income while on the go. Simple and easy to use, only five inputs to get the basic results you need to know before pursuing a rental investment opportunity in real estate. See and evaluate the results in the following areas: Gross Operating Income, Net Operating Income, Cap Rate, Debt Coverage Ratio, and Cash Flow (pre-tax). The Fast Cap Rate application allows you to make a fast decision on a property’s potential based on your criteria. Easy help buttons guide through any questions on entering the information to get the results you want – fast. This free – and ad free version allows you to enter and calculate the following: ENTER: Gross Scheduled Income - Total Potential Annual Rent from the Property. Vacancy and Credit Loss - Percentage of uncollected rent or empty units. Minimum of 5% is recommended. Operating Expenses - Percentage of the Gross Scheduled Income used for the Operating expenses. Typical Investments range from 30-45% of the GSI. Monthly Loan Amount - Total of any principal and interest payments on loans to acquire the property. Asking Price of the Property - Amount of money the Seller wishes to receive. CALCULATES: Gross Operating Income - Gross income remaining after vacancy and credit losses are deducted. Net Operating Income - Net income remaining after the Operating Expenses have been deducted. Cap Rate - Capitalization rate measures performance of the first year return. Debt Coverage Ratio - Lenders use DCR to qualify the property. Net income compared to loan payments. Cash Flow (pre-tax) - Cash income per year before taxation. Approximate Value - Property value at an 8.5% cap rate allowing for better accessibility to financing.

Estimates

Monthly Downloads > 5.28k
Est. Revenue ~ $2.16k

Availability

Devices

iPad2Wifi iPad23G iPhone4S iPadThirdGen iPadThirdGen4G iPhone5 iPodTouchFifthGen iPadFourthGen iPadFourthGen4G iPadMini iPadMini4G iPhone5c iPhone5s iPadAir iPadAirCellular iPadMiniRetina iPadMiniRetinaCellular iPhone6 iPhone6Plus iPadAir2 iPadAir2Cellular iPadMini3 iPadMini3Cellular iPodTouchSixthGen iPhone6s iPhone6sPlus iPadMini4 iPadMini4Cellular iPadPro iPadProCellular iPadPro97 iPadPro97Cellular iPhoneSE iPhone7 iPhone7Plus iPad611 iPad612 iPad71 iPad72 iPad73 iPad74 iPhone8 iPhone8Plus iPhoneX

Pricing by country

Country Price
Canada free
China free
France free
Germany free
Italy free
Netherlands free
Portugal free
Spain free
Poland free
UK free
India free
Japan free
Korea, Republic Of free
Poland free
Russia free
Turkey free
USA free
Korea, Republic Of free
Ukraine free