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Updated about 7 years ago on . Most recent reply

User Stats

25
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2
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William J Stratton Jr.
  • Rental Property Investor
  • Millbrae, CA
2
Votes |
25
Posts

Best real estate calculator

William J Stratton Jr.
  • Rental Property Investor
  • Millbrae, CA
Posted

1.) What is the best real estate calculator(s)- apps, online programs, computer programs, etc.?

And

2.) What is your thoughts on icalculator?

Most Popular Reply

User Stats

753
Posts
777
Votes
David Robertson
  • Flipper/Rehabber
  • Kansas City, MO
777
Votes |
753
Posts
David Robertson
  • Flipper/Rehabber
  • Kansas City, MO
Replied

A HP 12C is just a standard financial calculator...

Sure, you can use an old fashioned calculator to calculate everything manually, but that process can be very tedious and you can't save your results or create professional investment reports from your data.

Real estate analysis apps/spreadsheets are really a dime-a-dozen these days. 

Here's what I would recommend:

Spreadsheets

Spreadsheets are a good option because they can be completely customized for your specific needs.  I would search the Fileplace for pre-built spreadsheets that users have uploaded to BP:

  • BiggerPockets Fileplace - hundreds of files uploaded by BP users
  • RealData - large multi-family/commercial property analysis
  • HouseFlippingSpreadsheet.com - Spreadsheets for analyzing house flipping deals/estimating repairs
  • RentalSheets.com - Spreadsheets for analyzing rental properties
  • Cash Flow Analyzer - Spreadsheets for analyzing

Apps

  1. Bigger Pockets Calculators - web-based calculators for rentals, flips, BRRRR, wholesale, etc
  2. DealCheck.io - Mobile apps/web app for analyzing rentals & flips
  3. REIkit.com - Web app for analyzing rentals, flips & repairs
  4. Zilculator.com- Web app for analyzing rentals & flips
  5. Mogulmind.com- Web app for analyzing rentals & flips
  6. Dropmodel.com- Web app for analyzing rentals & flips
  • David Robertson
business profile image
FlipperForce

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