Commercial Real Estate Software
Cremodel - Commercial Real Estate Software - Geared Towards The Small To Midsize Investor, Cremodel Is Powerful Yet Affordable Software Which Analyzes Commercial Real Estate Projects
The CREmodel is the simplest way for real estate professionals to cut through the hassle of collecting and analyzing data in order to prepare real estate proformas
Real estate professionals are always looking to put their data into an easy-to-read and professional looking format to present to banks, investors, and the clients they work for. Professionals in real estate may know a lot about "cutting deals" and negotiating the best prices for their clients, but they may know nothing about creating a good looking and practical page on Excel to present their documents. In addition, they can spend dozens of hours creating a horrible looking spread sheet that may not be entirely accurate.
On top of that, if the numbers aren't presented in a professional manner and more importantly, don't add up, banks and investors will usually turn and walk away.
This is where CREmodel comes in!
This is a highly flexible Excel based financial model constructed in an intuitive modular fashion for ease of input and calculates the following:
Return on investment (ROI)
Internal rate of return (IRR)
Net present value (NPV)
Cash on cash return
Leveraged IRR
Loan-to-value ratio (LTV)
Debt coverage ratio (DCR)
"Preferred return" calculations
Most importantly, users don't need to spend hundreds of dollars on classes that will always need to be taken over and over again as technology changes. The CREmodel does the work so that users don't have to.
Are there any alternatives?
Yes, there are some very fancy and very expensive software programs that exist. They usually require attendance to multi-session classes and seminars to use them, costing thousands of dollars. Not only do these software firms make you spend tons of money to buy their product, they require you to take hours and hours of costly time to learn the software.
What if you are just starting out? What if you don't have the extra thousands of dollars needed to just to get your program up and going?
CREmodel is a powerful alternative to fill these needs!
Commercial Real Estate Software