In a continuing effort to help real estate investors and agents learn how to calculate the common rates of return for rental income properties, we have added an additional three more online calculators to our ProAPOD Real Estate Investment Software website. These are 100% FREE to use. Simply go to our website at www.proapod.com and click the Learning Center in the left menu. The from the Learning Center scroll down to Free Online Calculators and select the calculation you would like to make.
Here are the calculators we have online so far (we will be adding more over time).
- Cap Rate Calculator – this also includes the formula with the result (click the hyperlink to try it out).
- Mortgage Payment Calculator with Amortization Table – this computes a monthly payment and the amount of interest that you will pay if you keep the mortgage full term (click the hyperlink to try it out).
- PITI Mortgage Payment Calculator – this calculates your monthly payment based upon your loan payment (principal and interest), property taxes, and insurance.
- Gross Rent Multiplier Calculator – this also includes the formula with the result.
- Debt Service Ratio Calculator – this also includes the formula with the result.
As stated, this are available online and are 100% FREE to use. There is no registration required. Just go to the calculator you want to use, make a few simple entries and click the Calculate button. The results appear instantly! It’s that simple.
PLUS, each online calculator includes a handy FaceBOOK icon so you can add it to your FaceBook account. Go to our website and start using these free online calculators TODAY. And let others know about it, too. They are easy to use, designed very tastefully, and they don’t cost you a dime.