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New Tool Calculates Potential Return on Home Investment

by Mark Wellborn

New Tool Calculates Potential Return on Home Investment: Figure 1

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).

This article originally published at http://dc.urbanturf.com/articles/blog/new_tool_calculates_potential_return_on_home_investment/1781

2 Comments

  1. John said at 6:58 pm on Tuesday February 16, 2010:
    Followed the link to the site, registered for a login, but the tool itself is nowhere to be found. Site has no search function that I could find. If Urban Turf folks could provide some more specific info on where they found the tool, that would be much appreciated.
  1. Mark said at 7:04 pm on Tuesday February 16, 2010:
    Hey John, The tool is a tab marked "Investor's Info" and it shows up when you view individual listings. It took me a minute to find it as well, but it is there when you look at individual listings. Mark

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