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Updated over 4 years ago on . Most recent reply

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Corey Drake
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Is there software available to streamline property analysis?

Corey Drake
Posted

Brand new to BiggerPockets, so please forgive me if I posted this in an incorrect location. 

My wife and I were fortunate enough to purchase our home without a mortgage, so I am considering this our first investment property. That being said, I have not yet taken the plunge to start actively investing properties to generate income. I am in the process of developing my strategy and setting myself up to begin investing around the summertime of 2021. 

I understand and am confident in performing the computations myself. However, I would love to plug in values and have a software spit out cash flow, CoCROI, overall return, etc. It would be especially nice if I could set parameters that show up as red or green (or something equivalent). Say a CoCROI of less than 9% is red, and anything above is green.

Thanks in advance for your help!

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