Gauging interest in an investment property analysis service

[Matthew Mendenhall]

Hey everyone, looking to gauge interest and capture some feedback on an investment property analysis service I'd like to provide to Real Estate investors. Not looking to sell anything here, but mainly looking to find out (1) Would this service be useful? (2) Would I be providing enough value? (3) What (monthly fee) would people be willing to pay for this service?

Our service will take fresh Real Estate listings and calculate the following metrics based on the listing and current market conditions (i.e., rents):

Internal Rate of Return (IRR) (%)
Cash on Cash Return (COCR) (%)
Capitalization Rate (%)
Break Even Occupancy Ratio (BER) (%)
Return on Investment (ROI) (%)
Debt Service Coverage Ratio (DSCR)
Capitalization Rate (%)
Gross Rent Multiplier
Monthly Cash Flow ($)
Rent to Cost Ratio (RCR)

The service will then provide the investor with a shortlist of properties that meet their specifications above. Their shortlist will be updated daily as new properties are added to the MLS, and investors will be provided with reports for any counties of their choice.

Other questions I have:

1. Would it also be useful to have the investor be able to select (or type in) the MLS# from a dropdown list and the service will provide a full report (about 4 pages or so) on how these values were calculated? Or would that be overkill?

2. Would it also be useful to provide an estimated rehab cost, and its resulting Maximum Allowable Offer?

Something to consider would be that this is service is only an initial analysis based on public data, which I think might be most beneficial for investors looking to spot potentially great deals within 24 hours of being listed.