The Lease Options app is an application designed to provide feedback on the profit potential of a proposed lease option real estate transaction. The app will allow you to collect all pertinent data while evaluating the transaction and based on that information, shows you the amount of profit you may realize from the transaction. An integral part of the transaction is the mortgage balance, interest rate, and term of the option, and to this end, a full mortgage calculator is included in the app.
Highlights of the Lease Option app:
- Data collection on all aspects of the transaction: seller information, property description, tenant/buyer information, and the negotiated terms of the the transaction with both the seller and tenant/buyer.
- A mortgage calculator based on data collected during the transaction evaluation, or as a standalone function.
- Calculation of property value appreciation, seller's mortgage balance at time of closing, and upfront, backend, and cash flow profit.
- The ability to email the information in a comma-delimited (.CSV) file which may be imported into a spreadsheet application.
If you have any issues, enhancement requests, or any other comments about this app, please send an email to firstname.lastname@example.org.