Investit REAL ESTATE INVESTMENT ANALYSIS SOFTWARE

Investit Modules

AnalyzerCalculatorDeveloperFinancier InvestorResources

Getting Started:

After ordering Investit, the software will be delivered in 7- 10 business days, and includes technical support information.

Calculator

Calculator offers a variety of programs that help you solve real estate and general financial problems. QuickCalc is the same program as calculator, however, it can be accessed instantly from any other Investit Program (Analyzer, Developer, Financier and Investor). Calculator consists of the following 18 programs.

Time Value of Money: This program calculates the Time Value of Money which is used for compound interest calculations involving uniform payments, and can be used to solve a wide variety of financial, mortgage, loan and annuity problems.

Standard Mortgage: This program is used to produce the mortgage schedules for a standard, or conventional mortgage, where the interest rate is fixed for the entire term, and the blended payment of principal and interest is constant.

Seller Take-Back Mortgage. (Cost/Benefit): This program calculates the Cost or Benefit to the Buyer of a Seller Take Back Mortgage. Often, the seller of a property provides a mortgage called a "Seller or Vendor Take Back Mortgage" to the buyer of the property. The interest rate for the Take Back Mortgage may be different from the current market rate for a similar mortgage.

Example:: What would be the financial benefit for the purchaser if the interest rate for a $970,071.26 Seller Take-Back Mortgage is 7.5%, with a three year term and 23 year amortization period, and the market interest rate for a similar mortgage is 10%?

Home Financing: This program is used to calculate a borrower's maximum mortgage amount and mortgage payment based on the family's income and expenses, the lender's debt service ratios and the appraised value of the property.

Residential Building Breakeven Analysis: This program is used to calculate the number of suites that must be rented in order for an apartment building to breakeven. This occurs when the income exactly covers the operating expenses and mortgage payments.

Imperial/Metric Converter: This program is used to convert between the Imperial and Metric systems for the following types of measures: Length, $ per area, Area, $ per cubic measure, Volume (cubic measure).

Analyzer Main Page

Compounding Annual Growth: This program is used to carryout compounding annual growth calculations. It can calculate the Future Value, Present Value or Annual Compound Growth Rate.

Example:: An investor has purchased a property for $600,000. What will it be worth in 15 years if the value increases at 4% compounded annually?

APR/ Effective Interest Rate: This program is used to calculate the APR (Annual Percentage Rate), the Effective Annual Interest Rate and the Effective True Annual Interest rate. It can be used to evaluate several different loan proposals by standardizing the quoted interest rates using the APR or Effective True Annual Interest Rate for comparison purposes thus allowing you to chose the loan with the lowest cost.

Mortgage Takeover (Cost/Benefit): This program is used to calculate the Cost or Benefit to a buyer who is taking over the Seller's mortgage at an interest rate that is either higher, or lower than the current interest rate for a similar mortgage.

Example:: What would be the financial cost or benefit to the purchaser for assuming the Seller's 7.5%, $967,168.28 mortgage, with monthly payments of $7315.55 for the remaining 3 years of the term, and a maturing balance of $916,044.32? The current market rate for a similar mortgage is 10%.

Income Property Financing: This program is used to calculate the maximum mortgage or loan amount and mortgage payment for income properties such as apartment buildings, office buildings etc., based on the Income and Expenses for the building, the lender's Debt Service Ratio and the Loan to Value Ratio.

Commercial Building Breakeven Analysis:This program is used to calculate the amount of space (in square feet) that must to be rented in order for the building to breakeven, which occurs when the income exactly covers the operating expenses and mortgage payments.

Area Calculator: This program is used to calculate the area of lots, floor plans etc. consisting of one or more shapes.

Discounted Cash Flow: This program is used to calculate the Internal Rate of Return (IRR), the Net Present Value (NPV), and the Modified Internal Rate of Return (MIRR) for a series of cash flows.

Mortgage Discount: This program is used to determine how much to pay for a mortgage in order to obtain a specified annual return.

Example:: An investor is considering buying an 10.0% mortgage with monthly payments of $3816. The term remaining is 3 years with a maturing balance of $460,679.00.; How much should the investor pay for the mortgage to achieve a return of 11% per annum, compounded semi-annually?

Mortgage Renegotiation (Cost /Benefit) This program is used to evaluate the cost or benefit associated with renegotiating your mortgage if interest rates fall.

Mortgage Rate Buy Down: This program is used to calculate a mortgage rate buy down. In marketing new developments, such as a condominium project, the developer may offer the purchaser a first mortgage with an Interest Rate that is less than the current Market Interest Rate. He does this by buying down the interest rate from the lender. The program calculates the cost of buying down the interest rate and the Effective Annual Interest Rate for the buyer or the borrower.

Basic Calculator: Runs the Windows Calculator

Number of Days Between Dates: This program calculates the number of days between two dates.

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