When buying a home or making any big investment for that matter, a shrewd buyer will want to understand the long term value of the purchase they are making and compare this to the cash outlay over time. Smart investors will run the numbers to see what the return on their investment will be on any real estate purchase. So it would make sense that homeowners do the same thing. But how does a homebuyer or first time investor “run the numbers”?

RE/MAX makes that easy. If you are considering buying a home, visit the my webpage on the RE/MAX.com site by CLICKING HERE to check it out. Start by clicking one of my featured listings, the local property search from the tool bar or one of two featured searches at the bottom of the page. Set up a search and click on any listing in the Twin Cities. Off on the left side of the page there is a tool bar for each specific listing. Notice the calculator icon with Cash Flow Analysis at the bottom of the tool bar. Click that button.

It opens a new window for RE/MAX North Central’s cash flow analyzer for investors and homeowners. On the main page, basic equity and cash flow numbers are given but the reports can be personalized to your unique situation too. The analyzer assumes a 20% down payment and 30 year fixed rate loan but if you are putting down 3.5% for your first home in an FHA program, you can adjust the numbers for a better idea of your equity position in 5, 10 or 20 years. For investors, the rental competition is analyzed for the market as well as your potential monthly cash flow. This analysis can also be tweaked to better reflect your unique buying situation.

The RE/MAX cash flow analyzer is simple to use and gives essential information to any home buyer at the click of a mouse! Best of all, buyers can analyze any property currently listed on the Twin Cities MLS not just the RE/MAX featured listings. If you are considering buying a home, probably the single biggest investment you will ever make, you owe it to yourself to check it out!

Check out the RE/MAX Cash Flow Analyzer!

If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me, Theresa "Teri" Eckholm, a call or visit my website for a FREE Relocation Packet or FREE Homebuyers Success Packet.   I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.

 

Buying a Home? Check out my HOME BUYER'S BLOG!

Copyright 2013 Teri Eckholm http://www.terieckholm.com/

 

******************************************************************************************************

LIKE MY BLOG? Subscribe, Follow or Like...It's your choice!

 

 

 
This post has been included in Minnesota Real Estate News Anoka County, MN Real Estate News
Post is included in group: Internet Empowered Consumer
Post is included in group: Posts to Localism

2 Comments on Real Estate Investor? Home Buyer? Analyze the Cash Flow on YOUR Home Purchase!

OCT
02
2009
OCT
03
2009
564,733 Points 75 Featured Posts Outside Blog Called Shot Master

Julie--It is a pretty neat tool...helpful for anyone looking to buy real estate.

3:42pm • #2

Login or register to leave a comment

 
Terismsq Rainmaker_large

Teri Eckholm, REALTOR® Anoka&Washington Counties Acreage & Lakeshore Homes

Ham Lake, MN

More about me…

REMAX Specialists

Address: 4910 Highway 61 N, White Bear Lake , MN, 55110

Cell Phone: (651) 336-7073

Email Me

Theresa "Teri" Eckholm/REMAX Specialists assists Minnesotans to find their way home with helpful tips and quality service. Dedication to customer service has made Teri the REALTOR® of choice for families in Blaine, Forest Lake, Ham Lake, Lino Lakes and Wyoming areas. Licensed in MN.


Page copy protected against web site content infringement by Copyscape







Listings

Links

Archives

RSS 2.0 Feed for this blog