Property Flip or Hold 4+
Pixolini, Inc.
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- $19.99
Screenshots
Description
Property Flip or Hold helps Real Estate Investors to quickly compare return on Real Estate Investment to Flip and take profit now or Hold and Rent property for passive income.
Property Flip or Hold for Real Estate Investments automatically Analyzes Flip vs Rent Break-Event Profit Timeline. Progress Bar visually charts Break-Even Profit Timeline over 30 years. Calculates your Maximum Purchase Price, Profit at closing when you purchase, Equity, Cash on Cash Return, Calculate scaling profit on your Flip for up to 12 months. Calculate Hold and Rent Cashflow up to 30 years. Compare Flip or Hold to how many years it might take to match Profits.
Property Flip or Hold automatically calculates profit scenario by entering property information like After Repair Value, Repairs, Holding Cost, Taxes, Insurance, Mortgage information for purchasing for Flip, Rent details, Mortgage information for Holding and Renting for passive income.
Maximum Purchase Price or Maximum Allowable Offer is automatically calculated by entering desired Profit Percent, Soft Cost Percent and Repairs. This gives a guideline for a Maximum Offer to purchase property for profit needed depending on Repairs.
Monthly Rent Cashflow details Gross Rent, Principal and Interest, Taxes, Insurance, Property Management, Vacancy and Home Owners Association fees.
Cash on Cash Return (Hold) is calculated based on your Rent Annual Cashflow and Total Investment.
USES
- Investors for personal use or others
- Real Estate Agents
- Wholesale Investors
- Flip Property
- Rent Property
MAIN FEATURES
- Multiple Portfolio's or Companies
- Calculates Maximum Purchase Price based on Profit needed, Soft Cost and Repairs
- Flip Analysis detailing the first 12 months
- Rent Analysis up to 30 years
- Rent Analysis shows cumulative Cashflow summary to compare with Flip's Profit
- Calculates Mortgage Payment
- Cash on Cash Return
- Print individual property Flip or Hold details
- Save to PDF
What’s New
Version 1.9.5
- Fixed a bug that sometimes prevented records to show because of Currency Formatting
Ratings and Reviews
Poor documentation and interface
Principal problem is there is no help, or documentation. Moreover, it doesn’t provide an understandable user interface (critical if you do not provide any documentation or explanation of computations and nomenclature.
Developer Response ,
Sorry that you could not find the documentation. Each Section on the upper right has a Blue ? (question mark), when you click it, you get a popup with all the Formulas for that section with detail explanations on common terms.
This link on our website has full Blog post on how to use the app at http://pixolini.com/tag/property-flip/
Thank you.
5 star customer service.
I had a few issues opening the app. Marco went out of his way to assist me until the issue was resolved. He was very patient and responded to my issues quickly. Thanks Marco!!! I really rely on this app.
Brokers Commission
Is that a way to add Brokers Commission?
Developer Response ,
Great question. In the Maximum Purchase Price (Best Offer) section, under Soft Cost it defaults to 10% (can be changed). This includes Brokers Commission of 6%.
In the Value Analysis section, under Purchase Closing Cost 2% (can be changed) if you have a Buyer Brokers Commission you can add it there by increasing the percentage.
Each Section as a Question Mark (?) by tapping it you can view detailed description of each formula used and term explanations.
Please feel free to contact us at http://pixolini.com/contact/ with any questions
Thank you.
App Privacy
The developer, Pixolini, Inc., has not provided details about its privacy practices and handling of data to Apple.
No Details Provided
The developer will be required to provide privacy details when they submit their next app update.
Information
- Seller
- Pixolini, Inc.
- Size
- 6.2 MB
- Category
- Finance
- Compatibility
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- Mac
- Requires macOS 10.12 or later.
- Languages
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English
- Age Rating
- 4+
- Copyright
- © ⓒ 2016-17 Pixolini, Inc. All rights reserved.
- Price
- $19.99
Supports
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Family Sharing
Up to six family members can use this app with Family Sharing enabled.