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Inflation Rate Calculator Updated for October 2017

The Inflation Rate Calculator included in the iCalculator suite of online real estate calculators has been updated in accordance with the latest US government CPI data released on Wednesday, November 15. This update means iCalculator users can now use the inflation rate calculator to compute US inflation rates from 1913 through October 2017.

Example

You spent $3,300 for a used car back in 1988 and want to know how much money you would have to spend in October 2017 to purchase a similar car. Here are the steps:

  • Login to iCalculator
  • Select the category Time Value
  • Open the Inflation Rate calculator
  • Select 1988 as the starting year
  • Enter $3300.00 as the dollar amount spent
  • Select 2017 as the ending year
  • Click Calculate

Result: $6,880.71 and 108.5%.
Explanation: Due to a 108.5% increase in the U.S. inflation rate since 1988, you will currently have to spend $6,880.71 for essentially the same car you paid $3,300 for back in 1988.

So You Know

1. The Inflation Rate calculator in iCalculator does not limit you to either the years or the amount you want to compute. You can select any starting year from 1913 through to the present, and enter any dollar amount you wish.

2. If you are a current user of iCalculator, the Inflation Rate calculator will automatically reflect this latest update the next time you calculate. Learn more about iCalculator…

NEW: Article on Multifamily Property Investment Benefits

An article entitled “The Benefit of a Multifamily Property Real Estate Investment” has been written and posted on the ProAPOD Real Estate Investment Software website.

The article explains why some real estate investors prefer multifamily income property over the other types of real estate investment properties. Here’s an excerpt:

“Although each type of property share many of the same characteristics common to all investment real estate, it is also true that many real estate investors strongly favor multifamily property above the others as their investment of choice.

So it seemed like a good idea to suggest why that might be the case. Okay, but first let’s make sure we understand a couple of things about multifamily property.”

The article is free to read courtesy of ProAPOD Real Estate Investment Software.

Inflation Rate Calculator Updated for August 2017

The Inflation Rate Calculator included in ProAPOD’s iCalculator real estate calculators program has been updated to reflect the latest US government CPI data released on Thursday, September 14. With this update iCalculator users can now use the inflation rate calculator to compute US inflation rates from 1913 through August 2017.

Example

You spent $1,500 on a family vacation back in 1977 and are curious to know how much money you would have to spend in August 2017 to have the same buying power for similar goods and services. Here are the steps:

  • Login to iCalculator
  • Select the category Time Value
  • Open the Inflation Rate calculator
  • Select 1977 as the starting year
  • Enter $1500.00 as the dollar amount spent
  • Select 2017 as the ending year
  • Click Calculate

Result: $6,077.20 and 305.1%.
Explanation: Due to a 305.1% increase in the U.S. inflation rate since 1977, you will currently have to spend $6,077.20 for essentially the same vacation you enjoyed for $1,500 back in 1977.
Screenshot:
inflation rate computation

So You Know

1. The Inflation Rate calculator in iCalculator does not limit you to either the years or the amount you want to compute. You can select any starting year from 1913 through to the present, and enter any dollar amount you wish.

2. If you are a current user of iCalculator, the Inflation Rate calculator will automatically reflect this latest update the next time you calculate. Learn more about iCalculator…

Inflation Rate Calculator Updated for July 2017

ProAPOD updated the Inflation Rate Calculator included in its iCalculator real estate calculators program to reflect the latest US government CPI data released on August 11, 2017. So iCalculator users can now compute US inflation rates from 1913 through July 2017.

Example

You would like to determine how much money you would have to spend in July 2017 to have the same buying power for goods and services you spent may have spent (say) $900.00 for similar goods and services in 1983. Here are the steps:

  • Login to iCalculator
  • Select the category Time Value
  • Open the Inflation Rate calculator
  • Select 1983 as the starting year
  • Enter $900.00 as the dollar amount spent
  • Select 2017 as the ending year
  • Click Calculate

Result: $2,211.92 and 145.8%.

So You Know

1. iCalculator’s Inflation Rate calculator does not limit you to either the years or the amount you want to compute. You can select any starting year and any ending year (e.g., 1913, 1968, 1988, 2011 and so on). And you can enter any amount (e.g., $1.00, $2,930, $97,500 and so forth).

2. If you are a current user of iCalculator, the Inflation Rate calculator will automatically reflect this latest update the next time you calculate. Learn more about iCalculator…

NEW: Article on Annual Depreciation Allowance

An article entitled “How to Figure a Real Estate Investor’s Annual Depreciation Allowance” has been written and posted on the ProAPOD Real Estate Investment Software website.

The article explains the the allowance for depreciation real estate investors are given by the IRS along with the formulation. Here’s an excerpt:

“One of the biggest tax deduction benefits associated with real estate investing is the allowance for depreciation real estate investors are given by the IRS. Primarily because depreciation (known as cost recovery) is a “paper loss” the real estate investor can write off during each year of ownership without having to spend a dime out of pocket.”

The article is free to read courtesy of ProAPOD Real Estate Investment Software.

NEW: Article on Rental Property Evaluation

A new article on rental property evaluation that shows real estate investors and agents how to quickly and easily estimate a rental property’s value has been posted on the ProAPOD website entitled “2 Easy Ways to Quickly Estimate a Rental Property’s Value”.

The article explains the meaning and formulation for Gross Rent Multiplier and Capitalization Rate, and then shows how each can be used to compute an estimated value for any particular rental income property. Here’s an excerpt:

“Sometimes it helps to be able to calculate a rental income property’s estimated value just as a quick first-glance look to determine whether its in line with similar properties in the local market area…not to provide a true picture of a property’s profitability, but just to help decide whether or not it even comes close to being a good real estate investment opportunity”

The article is free to read courtesy of ProAPOD Real Estate Investment Software.

New iCalculator Promo Image

The following image for my iCalculator suite of real estate calculators was created this weekend to post in the various community groups available at Google +, Facebook, and LinkedIn.

icalculator

The purpose was make real estate professionals and educators aware that they can save $50.00 off the retail price of $79.95 and pay just $29.95.

Here’s how it works:

  • Go to the iCalculator website
  • Scroll near the bottom of the page
  • Under “Do You Qualify for Our Discount?” click “Yes, I qualify”
  • In the next window click “Add to Cart”
  • In the next window under “Coupon” enter save50 and click “Apply Coupon”
  • The price will be adjusted from $79.95 to $29.95 click “Proceed to Checkout”
  • Complete your purchase

 

No other terms and conditions are affected other than the price, and the following still applies.

  • 5-day money-back guarantee
  • All 62 real estate calculators
  • No subscription fees
  • Free updates
  • 24/7 online mobile access

NEW: Article on Break-even Ratio

A new article to help real estate investors and agents understand the Break-even Ratio has been posted on the ProAPOD website entitled “How to Compute Your Investment Property’s Break-Even Ratio”.

The article explains the meaning of the ratio, why lenders use it when they are considering to underwrite a loan for rental income property, and the formula. Here’s an excerpt:

“Anyone who has been around real estate investing for any length of time is undoubtedly familiar with the term, Break-even Ratio, yet may not have a clue what is and why it’s used. So it seemed like a good idea to explain it.

Break-Even Ratio (or BER) is commonly used by lenders when they’re considering to underwrite a loan…”

The article is free to read courtesy of ProAPOD Real Estate Investment Software.

Inflation Rate Calculator Updated for June 2017

The Inflation Rate Calculator included in the ProAPOD iCalculator real estate calculators program has been updated to reflect the latest US government CPI data released on July 14, 2017. This update will enable iCalculator users to compute US inflation rates from 1913 through June 2017.

Say you would like to calculate the amount of money you would have to spend in June 2017 to have the same buying power for goods and services you spent may have spent (say) $400.00 for similar goods and services in 1953. Here are the steps:

  • Login to iCalculator
  • Select the category Time Value
  • Open the Inflation Rate calculator
  • Select 1943 as the starting year
  • Enter $400.00 as the dollar amount spent
  • Select 2017 as the ending year
  • Click Calculate

Result: $3,669.74 and 817.4%.

So You Know

1. iCalculator’s Inflation Rate calculator does not limit you to either the years or the amount you want to compute. You can select any starting year and any ending year (e.g., 1913, 1968, 1992, 2014 and so on). And you can enter any amount (e.g., $1.00, $3,950, $77,500 and so forth).

2. If you are a current user of iCalculator, the Inflation Rate calculator will automatically reflect this latest update the next time you calculate. Learn more about iCalculator…

The Best Way to Make Real Estate Calculations Quickly

Salem, Oregon (PRWEB) June 19, 2017

ProAPOD, a leading provider of real estate investment software since 2000, choose to develop an entire suite of real estate calculators named iCalculator specifically so users can compute financial calculations quicker, easier, and with less effort than with a handheld calculator.

iCalculator is able to achieve this because it utterly changes the way calculations are made. A handheld calculator requires the user to depress a sequence of keystrokes, and in some cases (at least for the more complex computations), the need to follow an instruction manual. iCalculator, on the other hand, collects the data in clearly labeled forms. There are no series of keystrokes, and no need for an instruction manual…even for highly complex computations. The user merely completes the form and presses Calculate.

“It was my goal from the beginning,” says developer James Kobzeff, “to offer the same type of calculations previously possible only on the handheld financial calculators, but with the benefit that they can be made by anyone effortlessly and instantly.”
iCalculator includes sixty-two calculators organized into five categories: mortgages, time value, cash flows, tax shelter, and investment. The user merely selects a category to display the list of appropriate calculators in that category, makes a selection, completes the form, and then clicks the Calculate button for the result. There’s even a Print function if the user elects to print out a screenshot of the calculation.

But iCalculator is also designed to be a learning tool. The calculators each includes a definition of that particular calculation along with a detailed itemization that shows the user how the computation was made (and in some cases, with the formula). So the user gets the benefit of both, function as well as learning. “An exclusive to iCalculator,” Kobzeff notes.

Another feature of interest is that iCalculator is 100% web based. Therefore it requires no download or third-party software and can be accessed 24/7 from any device that has internet access (PC and MAC). Moreover, it’s fully responsive. That means it will correctly adjust to any size screen—phone, tablet, desktop—automatically. So it makes a perfect resource for users who are on the go.

“I should also point out,” Kobzeff says, “that my earlier version of iCalculator was chosen for the Corporate Finance classroom at Southwestern College Kansas in 2007 and 2008. According to the instructor, he was particularly impressed that his students could use their laptops to make time value of money calculations in an easy-to-use format. And he was clearly satisfied because he used it for two consecutive terms.”

Availability and Pricing

iCalculator retails for $79.95. However, real estate professionals and organizations, schools, educators and students can purchase it for just $29.95. The appropriate links are provided on the ProAPOD website on the iCalculator web page.

It is a one-time purchase without any annual subscription fees, and all updates and/or any additional calculators that may be added to the program in the future are free of charge. When updates are made they are processed by the developer and become available to users automatically.

Better still, iCalculator also offers a five-day 100% money back guarantee. So you can try the program risk-free. If you decide not to keep the program, simply notify the developer within five days of your purchase and you will receive a full refund, no questions asked.
You can learn more about iCalculator on the ProAPOD website including, a full list of all sixty-two real estate calculators, two sample calculation videos, and the purchasing buttons. To get started, open the ProAPOD homepage and then click the “iCalculator” link in the menu.

About:
ProAPOD is a privately held software company located in Salem, Oregon. James R Kobzeff is the founder and owner.
Contact:
James R Kobzeff, Owner
ProAPOD Real Estate Investment Software
503-949-9034