On the upside, hand-held financial calculators such as an HP10 and HP12 have proven to be a great tool.

Financial calculators are true calculation workhorses. They enable us to make a series of complex amortization, cash flow and time value of money computations otherwise nearly impossible for most of us.

I’m not a math guy, so I certainly relied upon an HP10 for all of my complex computations.

On the downside, however, my primary complaint has always been that hand-held financial calculators are tedious. They require a number of key-strokes to make a calculation along with a close eye on the owner’s manual for instructions.

So for me at least, despite the benefit a hand-held financial calculator provides, because they are somewhat difficult to work with and generally very time consuming, I wanted an option.

Okay, I went overboard.

I developed iCalculator to mimic many of the same calculations you would make on a hand-held financial calculator. But with less user input and time. PLUS, it teaches you the definitions and formulas.

With iCalculator you can make dozens of calculations.

##### 1) Investment

- Cap Rate
- Gross Rent Multiplier (GRM)
- Cash on Cash Return (COC)
- Acquisition Cost
- Sales Proceeds (before taxes)
- AND MORE

##### 2) Cash Flows

- Internal Rate of Return (IRR)
- Net Present Value (NPV)
- Financial Management Rate of Return (FMRR)
- AND MORE

##### 3) Time Value

- PV, FV, Rate, Years)
- Sinking Fund
- Inflation Rate (1913 – present)
- AND MORE

##### 4) Tax Shelter

- Depreciation
- Cash Flow After Tax (CFAT)
- Return on Equity (after taxes)
- Sale Proceeds (after taxes)
- AND MORE

##### 5) Mortgages

- Mortgage Payment (monthly, PI and PITI)
- Maximum Purchase Price (the most you can pay)
- Maximum Mortgage (the most you can borrow)
- Mortgage Refinance
- AND MORE

#### You Get

**Function.**Real estate calculations**Learning.**Real estate investing definitions and formulas**Mobility.**24/7 mobile online access

### So You Know

You can learn more about iCalculator, including the previewing of screenshots, and purchase at a discount (a one-time payment of just $24.95). Go to iCalculator discount web page…