Look no further! The Savvy Real Estate Investor has released its new Deal Analyzer software, which is designed to calculate returns on investment for prospective investors. Purchase price, loan terms, appreciation rate, taxes, expenses and other factors must be considered when you evaluate a real estate investment. Use this calculator to help you determine your potential IRR (internal rate of return) on a property.
With interest rates at historic lows (5.25% last week for investment properties with a 25% down payment), and inventory levels at all time highs, it’s a great time to check out the market. You can search REO and bank owned properties, as well as foreclosures and short sales, for free at www.TheSavvyRealEstateInvestor.com.
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