Property Investment Modelling Tool

Discussion in 'Property Information Resources & Tools' started by Chris21, 2nd Oct, 2023.

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  1. Chris21

    Chris21 Well-Known Member

    Joined:
    11th Jul, 2021
    Posts:
    221
    Location:
    Sydney
    Has anyone used this property investment modelling calc ?

    Ultimate Investment Property Calculator Spreadsheet

    If not, any recommendation on tool /software for property investment modelling?

    I am looking for something which can model

    1. Multiple properties bought in different years and impact of changing sequence - $1.5 mil IP now versus buying $700k now and $1.5 mil later.
    2. Allow adjustment in yield and CG and assess impact on income and net-worth
    3. Impact on serviceability during the acquisition phase
    4. Model P&I loans and I/O loans and switching between them
    4. Allow adjusting common variables like interest rates , salary percentage, rent percentage, cost increases from year to year;
    6. Tax saving from negative gearing and depreciation

    I assume property advisor like empower wealth use something similar.
     
  2. igor1234

    igor1234 Well-Known Member

    Joined:
    26th Sep, 2016
    Posts:
    1,719
    Location:
    sydney
    everything u just outlined can be done in excel/python or with chatgpt in 10 min.
     
  3. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

    Joined:
    18th Jun, 2015
    Posts:
    23,643
    Location:
    Sydney

    PIA software by the founders of Somersoft is still the #1 software. Its detailed and complex but straight forward and modelling can be used.
    PIA Software