The
flourishing Kenyan real estate market has resulted in a significant increase in
first-time real estate investors. With limited experience in real estate, it
can be a risky move to buy property without knowing for certain what the return
on the initial investment would be.
Thousands
of investors have been using the Real Estate Acquisition Program, also called
REAP, to assess the risks in their investments.
Each
candidate property can be entered in less than five minutes by inputting the
purchase, loan and rental specifics. The inclusion of depreciation and taxes
will show the huge effect on cash flow - particularly post-tax profits where
investor insight becomes very powerful. Additionally, the appreciation
variables, capital growth and inflation allow the user to see a long-term
economic picture.
The
software then evaluates the property economics, cash flow potential, and debt
to equity and pre/post T tax implications. The investment viability is revealed
in a series of one-page reports.
Created
by Dolf de Roos, a real estate investor with 30 years of property-buying
decisions under his belt, the REAP software assists property investors in
quickly analyzing a property to determine whether it is a good deal or not.
"Knowing
what your return will be on a property before you put time and money into it
can save an investor countless headaches," said de Roos.
REAP,
with its editable fields in a fully relational database, has a built-in online
upload feature, enabling the user to download periodic updates, which are free
with the initial license. It is beneficial for any real estate investor, novice
or veteran.
Kindly visit www.kenyan-real-estate.com
for more informative hints…
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