All Topics / Heads Up! / IP Feasibility Website

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  • Profile photo of srinirsrinir
    Member
    @srinir
    Join Date: 2011
    Post Count: 3
    September 27, 2011 - 6:54 am

    Hi all, I am now to this forum, but have been on the Somersoft forum for the last 18 months or so. I have been putting together a website that can help crunch the numbers when buying an IP http://goo.gl/6kfPw. It is very simple. You enter the purchase price, rent and your income. Then, based on some assumptions (which you can adjust), it gives you cashflow and yield over a period of time. I started this tool as a spreadsheet and now have made it a website. It automatically calculates: 1. Stamp duty 2. Income tax 3. Gross and nett cashflow 4. Gross and nett yield I am looking for your feedback on this. Using it should be straight forward, just enter your details and hit "Crunch Numbers" or hit "Advanced" to tweak the assumptions. Please post back your experience and feedback. I am happy to receive both constructive and positive feedback – so, don't hold back. Thanks Srini

    Profile photo of siraitkensiraitken
    Participant
    @siraitken
    Join Date: 2006
    Post Count: 41
    October 6, 2011 - 11:42 am

    Hello Srini,

    I like the idea. Very simple & quick.

    Personally I would prefer to see it in excel whereby when I change a variable the charts automatically update so I can tinker with "what if's".

    I also tried to download to excel and nothing happened.

    Regards,

    Dave

    Profile photo of Mick CMick C
    Participant
    @shape
    Join Date: 2010
    Post Count: 1,099
    October 6, 2011 - 12:30 pm

    Well not sue if your planning on keeping that website link/name…but it doesn’t look friendly ( had to do a virus scan before i clicked it! )

    Regards
    Michael

    Mick C | Shape Home Loans
    http://www.shapehomeloans.com.au/
    Email Me | Phone Me

    Same Banks. Better Rates. Served With a Passion.

    Profile photo of srinirsrinir
    Member
    @srinir
    Join Date: 2011
    Post Count: 3
    October 7, 2011 - 1:06 am

    Hi Dave

    Thanks for the feedback. I am working on a one-screen version where you can see the effect of the changes you make on the same screen.

    I will post to this thread when I make the update.

    Thanks for taking the time to provide feedback.

    Hi Michael,

    Thanks for the feedback. I now have a simple link.

    Please try http://www.pincpal.com/

    Thanks a lot

    ______________________________________________________________________________________________
    http://www.pincpal.com – Helping you assess return on your property investment

    Profile photo of srinirsrinir
    Member
    @srinir
    Join Date: 2011
    Post Count: 3
    October 26, 2011 - 9:53 pm

    Hi all

    I have just released a new version of PincPal.

    New in this version:

    • iPad and Android tablet support (I don’t have these devices, but have made best efforts to test. So would appreciate any feedback if you have an iPad or an Android tablet)
    • iPhone and other mobile device support
    • Simpler one-screen mode where you can change either property prices or the variables and see the results instantly
    • Bug fixes for a few bugs

    Please try it out and let me know if there are any issues.

    I am committed to keeping this tool free for forum members.

    Thanks
    Srini

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