The System Performance and Operation Tracking Report mobile app affectionately referred to as SPOTR, has been designed to help investors SPOT Real estate deals quickly. By entering six values it is possible to determine whether a deal is worth looking at or not.
By entering the Asking Price, the Number of Units, the Average Monthly Rent, the Vacancy Percent, any Other Monthly Income and the Operating Expense Ratio SPOTR quickly allows you to perform an NOI Analysis, a Cash Flow Analysis and a CAP Analysis of the commercial property.
In the Projections module you can specify projected Rent Increases, projected Vacancy Rates, projected Other Incomes, and projected OERs all to do What-if scenario testing. The module also allows you to specify a CAP Out or Terminal CAP rate to test your exit points.
The REFI Analysis module allows you to see the results of various REFI Percents to give you feedback around your possible exit strategy once the asset has been stabilized.
Finally, you have the ability to review and/or email the very same analysis of the property to your business partners. This professional looking PDF report presents all the above analysis in an easy to read, easy to analyze format.
This app is not a replacement for performing your due diligence and should not be used as the only tool in making a business decision to purchase a piece of property.
Requires iOS 4.3 or later. Compatible with iPhone, iPad, and iPod touch.
SPOTR Unlimited - Real Estate Deal Analyzer is a free trial software application from the Accounting & Finance subcategory, part of the Business category.
The app is currently available in English and it was last updated on 2012-12-14. The program can be installed on iOS.
SPOTR Unlimited - Real Estate Deal Analyzer (version 1.0.3) has a file size of 5.14 MB and is available for download from our website.
Just click the green Download button above to start. Until now the program was downloaded 0 times.
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