commercial RE analysis tool

I just put this up so forgive any kinks as it is not quite finished but is a pretty powerful tool to analyze investment property. I would like to get everyones opinion on it.

http://gabhartinvestments.com/tools/

Hope it helps

Edited: 06/26/2010 at 10:58AM by Moderator : fixed link

Eliott G.

Real Estate Investor

135 posts
1 award
50 influence

Dec 25 '09, 12:16 PM

FANTASTIC TOOL!

Edited: 06/26/2010 at 10:58AM

Bill Gulley

Real Estate Investor · Springfield, Missouri

5,642 posts
13 awards
100 influence

Dec 27 '09, 12:08 AM

Hi, It's a colorful presentation. It appears to be a good "quick look" tool for small investors. I did not see any flexibility for increased rents, especially at different stages over the income analysis. Anything beyound seven years seems to be a shot in the dark. Looks like a good tool for those who don't have a finance background or push numbers themselves. For an A+ it needs more flexibility of variables as well as comparisons for opportunity costs. Presentation of graphs is very good! B+ Bill

Edited: 06/26/2010 at 10:58AM by Bill Gulley

Curtis Gabhart

Developer · San Diego, California

84 posts
1 award
50 influence

Dec 27 '09, 01:17 AM

Well I just wanted to say thanks for getting even a B+. That is the highest grade I have ever gotten on anything.

The purpose of version 1 of the tool in this version is something a little better than most of the things online that are free.

Version 1.2 will have a place to
â€¢ Put in a particular return you are looking for. For example if you have a property you are looking at and you want to buy it at a 8% year 1 cash on cash return you enter that into the field and it will give you a price you can pay. Same thing for CAP rate etc.
â€¢ An rent increase section
â€¢ Separate the Expenses between general expenses and property taxes since in California prop 13 only allows a small increase each year which is much less than the typical 3-6% increases in most other expenses & since property tax is about the largest expense in many properties it can really skew the numbers putting a 4% across the board increase.
â€¢ GRM
Any and all feedback is appreciated and any add on people would like to help I will try to get that in there at some point also.

Stay tuned for more tools for flipping properties, construction budgets &?

Also how do you do spell checks on these posts?

Edited: 06/26/2010 at 10:59AM

Steve Babiak

Real Estate Investor · Audubon, Pennsylvania

4,267 posts
14 awards
91 influence

Jan 29 '10, 06:27 AM

Originally posted by Curtis Gabhart

...
Also how do you do spell checks on these posts?

Alas, the BP spell checker is still on the wish list of many posters here. The workaround is to use a browser that actually will check the spelling as you write your post! Firefox is one that I use for this; others have mentioned other browsers that have this capability as well.

(Aside - any spelling mistakes in this post from me stem from using Internet Exploder to post this).

Edited: 06/26/2010 at 11:25AM