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 Software Downloads > Business > Rental Property Evaluation Program
A fast, accurate and easy-to-use program that tells you at a glance how much profit you might expect to make on a particular rental property over 10, 20 or 30 years, and how that property compares with other properties you might be considering. All you have to do is enter in some basic information, such as purchase price and down payment, and the program does the rest. When you enter the estimated amount of monthly rental income and costs, the program will tell you projected yearly rental income, yearly costs, and monthly and yearly profit or loss. It shows earnings over 10, 20 or 30 years if you were to invest the profits. Investment interest and tax rates are set by the user, as well as an inflation percentage for estimated rising rental income and costs. As your property appreciates in value, see what it might be worth 10, 20 or 30 years into the future at 5 percent, 3 percent, 0 percent or -3 percent market growth. To calculate your net profit, the program automatically accounts for invested rental profits, remaining-principal payback, startup and exit costs, capital gains tax and recaptured depreciation. Mortgage interest and depreciation for the first year are also calculated, and the total of all deductions. This is compared with rental income to determine whether your property will cause you to pay more or less tax. If you took the startup costs for your rental property and put them into another investment, how much profit might you make? The program allows you to quickly compare your rental property profit with other investments. Most program variables such as tax and investment rates have defaults that can be set by users. Additionally, the program prints 1-page reports that include all calculations.
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