Product Description
Practical, easy-to-read, mathematically accessible - and filled with an abundance of real-life examples - this text explains how to collect data on investment properties, how to use the HP-12C financial calculator to process data, and how to interpret the data to make decisions on buying, selling or keeping an income producing property. The procedures are applicable to any property owned or considered for purchase.
--This text refers to an alternate
Paperback
edition.
From the Back Cover
Key Benefit: Practical, easy-to-read, mathematically accessible -- and filled with an abundance of real-life examples -- this book explains how to collect data on investment properties, how to use the HP-12C financial calculator to process data, and how to interpret the data to make decisions on buying, selling or keeping an income producing property. The procedures are applicable to any property owned or considered for purchase. Key Topics: Features excellent "real life" situations -- using properties that were actually on the market. Describes step-by-step how to use the HP-12C financial calculator (to find FV, PV, i, n, and PMT; and to calculate mortgage payments, remaining balances, accumulated interest, and principal reduction). Covers concepts involved in the borrowing of money (simple interest, compound interest, add-on interest, annual percentage rate, amortization). Explains risk versus return and cash flow concepts. Introduces methods for property evaluation. Details how to collect and analyze data (annual property data, annual after tax cash flows; returns and net proceeds from a sale). Presents discounted cash flow methods (internal rate of return -- regular and reinvestment methods; Financial Manager's rate of return -- safe rate method; borrowing rate method). Market: For Realtors, buyers, sellers, and anyone interested in learning about purchasing and owning investment properties.