SPOTR Free - Real Estate Deal Analyzer app for iPhone and iPad

The System Performance and Operation Tracking Report mobile app affectionately referred to as SPOTR, has been designed to help investors SPOT Real estate deals quickly. By entering six values it is possible to determine whether a deal is worth looking at or not.

By entering the Asking Price, the Number of Units, the Average Monthly Rent, the Vacancy Percent, any Other Monthly Income and the Operating Expense Ratio SPOTR quickly allows you to perform an NOI Analysis, a Cash Flow Analysis and a CAP Analysis of the commercial property.

You can unlock additional features to do ‘What-if’ analysis with the Projection module. With the unlocked features you can also perform REFI Analysis to explore options when the asset is stabilized. You can even email a copy of your analysis report to your business partners for their review and feedback.

This app is not a replacement for performing your due diligence and should not be used as the only tool in making a business decision to purchase a piece of property.