Software, Freeware and Shareware available and their uses in Real
Estate Finance
Student Research Project ( Posted 31/10/2006)
DYNA
DYNA is a comprehensive suite of sophisticated financial
analysis tools for real estate asset and portfolio management. DYNA is used for
preparing operating projections for commercial office, retail, industrial,
apartment and hotel properties on a cash, tax or book basis.
DYNA can handle any property, from the simplest to the most complex. It
eliminates the errors and manual manipulation requirements inherent in
spreadsheets and empowers your business with an analytical capability unmatched
in the industry.
Features
- Supports the most basic to the most complex recoveries and percentage rent
calculations
- Advanced portfolio analysis features, including detailed sensitivity
analysis
- Sophisticated development and partnership modeling
- Robust data-mining tools for reporting against historical and forecasted
portfolio information
Real Estate Calculator Suite
The 16 real estate and mortgage calculators in Real Estate calculator Suite
give you the ability to play with your own numbers as you consider a real estate
purchase.
Real Estate Calculator Suite is Windows-based and runs on these operating
systems: Windows 95, Windows 98, Windows ME, Windows NT, Windows 2000, Windows
XP Home Edition and Windows XP Professional.
From down payment savings and loan qualifying to estimated closing costs and
from amortization schedules to prepayment savings, Real Estate Calculator Suite
does the real estate math for you.
Real estate calculator suite includes a date calculator, a fraction decimal
interest rate conversion table, sample text for closing credit accounts, a
documentation list to help you gather your paperwork, a home inspection form to
help you review potential homes, a mover’s to do list and useful tips for home
buyers and sellers.
Real estate calculator suite includes 2 quick calculators, 2 downpayment
savings calculator, a pop up calculator, a mortgage qualifier, amortization
calculator with monthly and schedules, loan spread calculator, a biweekly
payment calculator, a refinancing calculator, an estimated closing cost
calculator, home sellers proceeds calculator, rent or buy calculator and
prepayment calculator. Based on wheatworks experience developing financial
calculators for corporate real estate clients, real estate calculator suite is
design for real estate consumers and professionals.
Construction Office Developer
UDA Construction office developer includes detailed templates and tools for
quickly creating expert, comprehensive architectural covenants, building
guidelines, design standards, landscape requirements, conditions and
restrictions for quality neighbourhood and community real estate development.
By combining the specialized tools and features of the builder, architect,
remodeler, design-build, construction management and light commercial versions,
including construction, design and remodeling and light commercial contracts,
forms, specifications, worksheets and estimating spreadsheets, plus detailed
templates for creating architectural covenants, conditions and restrictions for
neighbourhood and community real estate development, construction office
developer is powerful software you can use right now to successful plan, design
and build your community.
Features
Construction office developer includes the following components design
especially for real estate developers and professional contractors:
- Detailed templates and outlines for architectural covenants
- Architectural standards and guidelines
- Architectural review board
- Neighbourhood association forms
- Residential property classifications
- Appropriate material and finish guidelines
- Building guidelines and restrictions
- Minimum living space and floor area ratios
- Common property and areas
- Architectural and landscape review and control
planEAS Software
planEAS is the most comprehensive, easy to use and sophisticated real estate
analysis product on the market today. For simple properties planEASe is fast and
accurate.
Yet the same planEASe system can handle commercial retail development with as
many tenants as you need, with accurate reimbursements and re-leasing
assumptions --- all after Tax!
Investment analysis
- Apartments
- Offices
- Retail
- Industrial
- Self storage
User decision analysis
- Tenant representation
- Owner representation
- Lease vs. purchase
- Cost comparison
- Sale/leaseback
Development analysis
- Land development
- Subdivision
- Condo conversion
- Build to suit
- Commercial development
Landlord’s cash flow analyzer
This investment analysis software is an affordable and easy to use real
estate software cash flow tool that helps you as an investor to choose the right
real estate investment properties.
Features
- Determine how much rent to charge: Simply enter the market rental rate or
your estimate and quickly determine if your expenses will be covered. Easily
increase or decrease the rent amount to see the effects on the bottom line.
- Determine the value of the property and avoid overpaying: Enter current
asking price and see if the cash flow will cover the debt payments and
expenses. Determine the tax benefits from depreciation. Easily adjust the
property purchase price upward and downward to see the effects and determine
the maximum you should pay. Enter the market capitalization rate (Cap rate)
and gross rent multiplier (GRM) and determine the value of the property based
on the rental income.
- Goal seek and sensitivity analysis: Quickly and easily solve backwards to
determine what the actual purchase price, fair market value or beginning
rental income must be to attain your required rate of return!
- Perform what-if calculations: Change your input over and over to see the
effects on profit and investment return.
- Compute federal and state income taxes: Quickly determine the tax benefits
that would be generated from owing the rental property. Evaluate your rental
property with or without income taxes. See the effects of your cash flow if
loses are limited by the passive activity rules. Our software calculates tax
depreciation for real estate and personal property. Our software is updated
for the few federal capital gain tax rates that were recently enacted.
- Forecast your property’s cash flow for 20 years: Evaluate your rental
property’s performance over a 20 year time period. A cash flow analysis is
computed for each year along with complete property sale computation. You now
can easily see how your investment would do at the end of each and every
projected year. These computations are summarized in an easy to read report
and is graphed.
- Calculate rate of return (IRR) and modified internal rate of return (MIRR)
are calculated for each year of property ownership. The calculation is a
function of the initial investment you make compared to the cumulative cash
flow generated. Easily determine if your required return on investment would
be met. The software will also automatically compute an unleveraged IRR and
MIRR so that you can compare how beneficial borrowing would be for that
particular investment. Simply change the amount borrowed and compare the
unleveraged and leveraged IRR and MIRR results.
- Allow for foreclosure and below market purchases: The cost of the property
may not be the fair market value especially when you are buying properties at
distressed prices. The software quickly computes the return on the spread. A
great tool for property flippers! Forecast and determine the future property
value by entering a projected growth rate. Determine the tax implications as
cash flow from sale.
- Calculate important financial ratios
- Internal rate of return (IRR)
- Modified internal rate of return (MIRR)
- Debt coverage ratio (DCR)
- Debt to equity ratio (DER)
- Gross rent multiplier (monthly) (GRM)
- Gross rent multiplier (Annual)
- Net present value (NPV)
- Cash on cash return (before and after taxes)
- Debt service ratio (DSR)
- Capitalization rate (Cap Rate)
- Annual ownership percentage
- Loan to value ratio (LVR)
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