As many of you know, all ProAPOD real estate software solutions provide a wide-range of outstanding cash flow and rate of return reports. ProAPOD Real Estate Investment Software 10.0 provides about 25 reports. It is not likely, however, that you would print out all reports pages at one time for any one situation because many of the reports might not apply to the type of presentation you want to make.
For example, if you’re meeting with a seller, you would probably include a Cover, APOD, Proforma, Sold Comparables, Sale Proceeds, maybe a Sales Proceeds Chart, and Marketing Package (just to show the seller how you plan to market his property).
If you’re meeting with a buyer, you would undoubtedly eliminate Sales Proceeds and replace it with Acquisition (and Acquisition Funds chart), probably add the Rent Roll, maybe the Rent Scenarios if the property had upside potential (so the investor could see potential returns based on higher rents), Return on Equity, Photo Page, and perhaps the NPV, IRR, and ROE charts.
During that meeting with the investor, if you’re brainstorming the price or down payment options, you might want to create the Price and Down Payment Sensitivity reports so the investor could see how the returns might be affected by changes in the price or down payment. If the investor were concerned about monthly (not annual) cash flows, then you could create the Monthly Cash Flow report so he could see the property’s performance for the first 24-months of ownership.
When marketing the property, you would use the Marketing Package and perhaps the Executive Summary (if you wanted to describe in more detail the property’s type of construction, utilities, amenities, area and so on). This is an outstanding way to present your listings and provides enough information to determine whether there’s interest in the property; if there is interest, you can provide any other report requested.
So it’s not one-size-fits-all. It all depends on the requirements set by (and the experience level of) your buyers and sellers. I typically keep things as simple as possible then go from there. In any case, ProAPOD real estate investment software provides you with more than enough reports to make terrific rental property presentations, and because they’re created automatically when you complete the forms, they’ll be there when you need them.