ProAPOD has modified the free online real estate calculators it makes available on its website with a fresh new look and feel as well a change to the types of calculations.
The free calculators now are more like ProAPOD’s popular retail online real estate calculator solution, iCalculator. They are written as HTML5 and JQuery mobile, so they have a nicer look with a more responsive feel. They each provide the same-type interface as iCalculator that includes a full explanation for each calculator, an example, and a detailed solution result.
In other words, visitors can now benefit from this modification by learning about real estate investing along with making the calculation.
A Present Value calculation has also replaced the Gross Rent Multiplier calculator in order to give visitors the option to calculate a time value of money instance.
The free calculations offered are:
- Cap Rate – The cap rate calculation and formula.
- Debt Coverage Ratio – The debt coverage ratio calculation and formula.
- Present Value – The present value of a future amount.
- Mortgage Payment – The monthly principal and interest payment with an amortization table.
Again, these real estate calculators are online and totally free for you to use without obligation. There’s nothing for you to sign up or register; just open the calculation you want to make and start calculating.