New Tool Calculates Potential Return on Home Investment
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Whether you are a real estate investor or just a savvy homebuyer who wants to see what the return on your investment could be for a home you are interested in buying, ZipRealty’s new Investor’s Info tool is probably worth checking out.
The online real estate brokerage recently partnered with eRealInvestor to create the tool, which helps determine a property’s short and long-term investment potential.
Among other things, Investor’s Info compares homes and rental properties side-by-side and estimates monthly cash flow, in addition to potential return on investment. It also allows users to adjust down payment amounts and interest rates to develop an investment strategy.
Our favorite feature, though, was the ability to analyze costs that novice buyers and investors don’t really factor in when they are thinking about buying a property, including property management fees, monthly utility costs, annual insurance and vacancy rates.
Click here to visit ZipRealty (log-in required).
See other articles related to: condo buying, home buying, investment properties, real estate technology, zip realty
This article originally published at https://dc.urbanturf.com/articles/blog/new_tool_calculates_potential_return_on_home_investment/1781.
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