Real Estate Investment Calculator - iOS App

Description:

A Property Value Estimation Calculator is a tool designed to help users estimate the market value of a property based on a variety of factors. It typically begins by gathering key property details such as the type of property (residential, commercial, or industrial), location (city, zip code, or specific address), and size (square footage or square meters). Additional inputs like the number of bedrooms and bathrooms, age of the property, and overall lot size can further refine the estimate. The calculator also factors in market data, such as the current market rate per square foot in the area and recent sales of similar properties.Amenities like a pool, garage, or proximity to important locations (schools, hospitals, or public transport) are also considered, as they can significantly impact value. The condition of the property—whether it’s well-maintained or in need of repairs—along with any renovations or energy-efficient features like solar panels, also play a role. Local economic conditions, property tax rates, and zoning laws may further affect the estimated value. The result is an estimated market value, often presented with a price range to reflect varying conditions, alongside a price per square foot for easy comparison.

A Rental Yield Calculator helps property investors estimate the annual return on investment (ROI) from rental income relative to the property’s value. It requires a few key inputs such as the property’s purchase price or current market value, and the annual rental income, which can be calculated by multiplying the monthly rent by 12. The calculator may also factor in additional costs such as property maintenance, insurance, taxes, and management fees, which impact the net rental yield.