We All Like an Advantage in the Real Estate Business
The real estate business is a competitive world. Everyone is fighting for the title of King of the Jungle, so what can set you apart from the rest?
Mashvisor, that’s what. Real estate investing tools are one way to get ahead of the real estate investing game. It’s agreed that a property valuation is one of the most important real estate aspects at the moment. Mashvisor is a real estate platform that gives real estate investors, like you, a selection of features.
This can range anywhere from helping you find the most profitable investments, analyzing them, completing a real estate market analysis, and finding all the real estate investment opportunities you can imagine in the market you choose. The power of the tool is in your hands when it comes to Mashvisor.
Get To Know More: How To Find An Investment Property Using Analytics
One of the secret weapons we want to specifically focus on is the investment property analytics feature that can aid you in your property valuation. We know how important a property valuation is when it comes to finding the investment property of your dreams. That is why we aimed to perfect and sculpt our investment analysis software to your needs.
Here, we introduce you to two main methods of a property valuation, and why Mashvisor is a necessity to your property valuation! Prepare to succeed, this secret weapon is taking you to places.
The Main Methods of a Residential Property Valuation
Here, we want to give you a taste of what it takes to complete a property valuation, and how Mashvisor ties into the mix. Each one of these property valuation techniques is considered to be one the most commonly used.
Mashvisor makes your life that much easier as a real estate investor by giving you what you need. Here is how just one of our features, real estate investment analytics, ties into the two residential property valuation methods.
Method of Property Valuation 1: The Sales Comparison Approach
The name of this approach says it all. This technique uses market data of investment property listing prices to estimate the value of your income property. In order to do this real estate property valuation, you need to compare your investment property to other similar income properties that have recently been sold.
This is where Mashvisor comes in. Finding real estate comparables, also known as real estate comps, can be timely and really needs some attention to detail. Like most real estate investors believe, time is money. The more time you can save, the more money you can save.
Mashvisor is able to give you those real estate comps with just the click of a mouse. You are able to see a rating of just how similar these real estate comps are to your investment property. Talk about saving time and money!
No need to make the adjustments or find real estate appraisers, Mashvisor has got it down for you. Get the idea of what the real estate comps in your area are looking like. This property valuation method can help you get your house market value in no time. This approach is most commonly used for single family homes, as there are normally various comparables available to analyze and compare.
Method of Property Valuation 2: The Income Approach
The next of our property valuation models that we would like to mention is the income approach. This property valuation methodology mainly focuses on calculating the current house market value of your real estate property. This is done by taking the net operating income the investment property generates, divided by the capitalization rate.
Learn More: How To Value an Investment Property
Mashvisor wants to step in here yet again. One of the real estate performance metrics we can provide to you is the projected capitalization rate of the investment property. With the cap rate given to you right on the spot, there is no need to spend hours and hours of precious real estate time on real estate market research. In a matter of seconds, the numbers are right there in front of you. Calculate NOI and divide it by the cap rate we provide you for your investment property valuation.
Mashvisor’s Capabilities
Mashvisor has a number of capabilities and superpowers to show off to real estate investors. Let’s keep the focus on the investment property analytics feature. This allows you to analyze, and customize, the calculation of the investment property you’ve got your eye on. How? Let’s chat a bit more.
The answer to the question “how” is this: an investment property calculator. This real estate investing tool allows you to calculate a number of different real estate analytics at the tips of your fingers. Cap rate and cash on cash return are just two examples of what those calculations could be.
Read More: How to Use Predictive Analytics for Real Estate Investing
All you need to do is input your financing method (like cash or a mortgage, how much that mortgage or downpayment is, and the interest rate of the mortgage) along with any real estate investment costs you are likely to incur on the property. Yes, we included some of those expenses by default when you are using the rental property calculator feature. We base all of that good stuff based on the average costs and expenses for the market you are a part of.
We could write a whole book about our capabilities and what we can provide to you as a real estate investor, but we don’t want to put you through that. One thing’s for sure: all you will be receiving are benefits if you choose Mashvisor as your sidekick.
To get to know more about our product and “capabilities”, check us out here.
It Pays for Some Good Real Estate Investing Insight
Seriously, using Mashvisor is like winning the lottery. Only imagine the odds of winning the lottery were more like 1/1. Yes, we believe we’re that good. Getting to know your property valuation helps you determine whether or not this real estate investment property is the way to go.
Mashvisor is your secret weapon for saving both the time and money it would normally take to do the research you need to buy an investment property. It pays for good real estate investing insight. Think of it as paying yourself just by using real estate investing tools to get the right investment property.
To start your 14-day free trial with Mashvisor and subscribe to our services with a 20% discount after, click here