Fast Cap Rate 1.0.1
Free Version
Publisher Description
Fast Cap Rate is Simple and easy to use.
only five inputs to get the basic results you need to know before pursuing a rental investment
opportunity in real estate. See and evaluate the results in the following areas: Gross Operating Income,
Net Operating Income, Cap Rate, Debt Coverage Ratio, and Cash Flow (pre-tax). The Fast Cap Rate
application allows you to make a fast decision on a property’s potential based on your criteria. Easy help
buttons guide through any questions on entering the information to get the results you want – fast.
This free – and ad free version allows you to enter and calculate the following:
ENTER:
Gross Scheduled Income - Total Potential Annual Rent from the Property.
Vacancy and Credit Loss - Percentage of uncollected rent or empty units. Minimum of 5% is
recommended.
Operating Expenses - Percentage of the Gross Scheduled Income used for the Operating expenses.
Typical Investments range from 30-45% of the GSI.
Monthly Loan Amount - Total of any principal and interest payments on loans to acquire the property.
Asking Price of the Property - Amount of money the Seller wishes to receive.
CALCULATES:
Gross Operating Income - Gross income remaining after vacancy and credit losses are deducted.
Net Operating Income - Net income remaining after the Operating Expenses have been deducted.
Cap Rate - Capitalization rate measures performance of the first year return.
Debt Coverage Ratio - Lenders use DCR to qualify the property. Net income compared to loan
payments.
Cash Flow (pre-tax) - Cash income per year before taxation.
Approximate Value - Property value at an 8.5% cap rate allowing for better accessibility to financing.
About Fast Cap Rate
Fast Cap Rate is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops Fast Cap Rate is Michael Hinton CRE. The latest version released by its developer is 1.0.1.
To install Fast Cap Rate on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2015-10-06 and was downloaded 4 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Fast Cap Rate as malware as malware if the download link to com.rentalpropertycalculator is broken.
How to install Fast Cap Rate on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Fast Cap Rate is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Fast Cap Rate will be shown. Click on Accept to continue the process.
- Fast Cap Rate will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
