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Analysis

The review tab will allow you to have an overview of the analysis and be able to help you figure if everything looks fine or if certain details need to be changed. iAnalyzeREI will assist you with a thorough review thanks to its Artificial Intelligence Validation System. To obtain an accurate and precise analysis, we strongly recommend reviewing the ratios.

  • Icons
    1. The Bad/Warming/Excellent/Information icons at the top of the review will help you determine the state of your analysis.

 

    1. The

Stop

    1. icon means the data in question needs to be revised. Sometimes if you see a Stop icon next to an expense and you know the property’s doesn’t have that type of expense, simply disregard it.

 

    1. The

Warning

    1. icon advises you to move forward cautiously. The ratio is close to the minimum required. We recommend reviewing the concerned information before moving forward with the report.

 

    1. The

Excellent

    1. icon means the ratio meets the percentage required thus no revision is required.

 

    1. The

Information

    1. icon will give you additional information about certain ratios. If you uncheck any of the icons at the top of the review page, they will not show up on the report.


  • Ratios
    1. Under the Review section iAnalyzeREI includes standard ranges for the various ratios so it can help you determine whether or not the property you’re working on is profitable or not. If a certain ratio does not meet the minimum requirement, a

Stop

    1. icon will be displayed next to it. On the other hand, if the ratio is in the required range, you will see an

Excellent

    1. icon next to it. On the right hand side of the screen, you will notice a brief description of the ratios.


  • Operating Expenses
    1. Some operating expenses aren’t the responsibility of the building owner like heating and electricity. Both of those expenses are then the responsibility of the tenant. This can cause the

Operating Ratios

    1. to be lower than the range set. If they are represented by a

Stop

    1. icon, simply uncheck

Stop

    at the top of the page and they won’t be shown in the report.

 

Data

    1. The Notes section of the software will allow you to customize what you want to read on the cover page. You can also detail foot notes if need be.
      • Cover page
      • Title
          • Title of the scenario/analysis.
      • Information – Cover Page/Introduction
          • This area will allow you enter a little introduction to your presentation. You can enter up to 250 characters in each area.
      • Foot Notes
        This section will allow the user to add footnotes on various pages of the report. You specify certain details on different pages of the report. It could also be used to show the difference between a real and potential scenario. Overall, this will allow you to add any revelant info about the property on the report.

If you have on hand one or more property pictures, you can easily add them to the report.

  • Add a Picture
    1. To add a picture, click on the

Browse

    1. button. This will open a navigation window. From there, you will be able to go and browse for the appropriate picture. Once selected, click on

Open

    1. and then

Save

    1. .
  • Description
    1. You can add a brief description of the picture; front of property, side of the property, etc…
  • Date
    1. You can add the date the picture was taken.
  • Order
    1. You can decide the order in which the pictures will show up in the report.
  • Cancel
    1. By clicking

Cancel

    1. , you will be brought back to the

Property Details

    1. page.
  • Save
    1. Click on

Save

    1. to save your new information. If you click on the arrow, the data will be automatically saved and you will be moved to the next window <
  • Limited Space
    1. Please note that by default, all iAnalyzeREI accounts have a maximum of

25MB

    space for pictures. If you reach your maximum space, you can either delete pictures or analyses you don’t need anymore or contact us.

 

The Address window allows you to enter all the physical information of the building. You are required to specify the appropriate coordinates of the building.

    1. To access the Address window, click on the Data Gathering (Step 2) button in the menu above, then on Address
    2. You can also click on Address located in the menu on the left of the window.
    3. In short, enter the following:
      • Street
      • City
      • Province/State
      • Country
      • Postal Code/Zip Code 
      • Total units: If you want the system to calculate the number of units automatically, simply check the box According to Leases.
      • Sector
      • Close to
      • Property Status. Check the Sold box when the building has been sold (use to compare).
    4. Save
    5. Click on

Save

    to save your new information. If you click on the arrow, the data will be automatically saved and you will be moved to the next window

 

This section of Clarus Investor® allows you to set up the property pricing and financing information for the purchase of the property.

  • First you’ll need to add the Acquisition Cost. This is actually the price the property is currently being sold on the market. If the property has been previously sold, simply check Sold.
  • Then, you can add the Fair Market Value. This amount may differ if the selling price is different than the acquisition cost; say if the owner sells it more than it’s actually worth.
  • Otherwise, you can check Same As Acquisition Cost. The Annual Appreciation is the percentage which causes the property to increase in value every year. By default, we added 2%, however this may vary from one area to another. Simply change it if need be.
  • If you check Detailed Acquisition Cost, you will be prompted to detail the land and building pricing.
  • If you’ve already predetermined a fixed percentage for the cost of the building under your General Parameters, the software will calculate it automatically. You can, of course, modify the amounts if they’re incorrect.

Example:

  • Municipal Evaluation:
    1. Total: 200 000$

 

    1. Price that will be paid: 300 000$
  • Estimated Land Price
    1. Land Eval. / Total Eval. x Price that will be paid

 

    1. 25 000$ / 200 000$ x 300 000$ = 37 500$
  • Estimated Building Price
    1. Land eval. / Total eval. x Price that will be paid

 

    1. 175 000$ / 200 000$ x 300 000$ = 262 500$
  • Land and Building Total
    Check the box next to Detailed Acquisition Fees
  • Financing Scenario
  • Down Payment
      • You can set either a percentage or fixed amount for the down payment. This will determine the amount to be financed. You can include the

Acquistion Fees

      • in the down payment.
  • Loan Insurance Premium
      • Applicable if you need insurance for the loan. This service is provided by the CMHC in Canada only. You either enter a fixed amount or have the software automatically calculate it.
  • Mortgage List
      • By default, the software will calculate the initial mortgage for the purchase of the property. The mortgage will be determined by the amount (or percentage) set as the down payment. So if you opt to put down 25% for the down payment, the mortgage will be calculated for 75% of the cost of the property. The default configuration of the mortgage will be 300 months for Amortization, 3% rate, on a 60 months term which will give you a payment and total amount financed.

 

  • Add
    1. If you need to work with multiple mortgages, you can add more mortgage to make sure that before generating the report the Balance to Finance is at 0$.

 

  • Modify
    1. To edit your mortgage(s), you can either click directly on one of the mortgage information or check the box on the left and click on Modify.

 

  • Delete
    To remove a mortgage, simply check mark the box next to the mortgage and click Delete.

 

  • Commercial Leases
  • Lease Type : You’ll have to select the appropriate lease for your apartment. There 4 types of leases for Commercial properties: Gross, Net, Double Net and Triple Net.
    • The Gross Lease is when all of the property’s expenses are paid by the owner.
    • The Net and Double Net share some similarities since when signing one of those lease means the tenant is partially responsible of certain expenses.
    • The Triple Net lease indicates that all expenses are paid by the tenant.
  • Basic Rent : Input the current rent paid by the active tenant excluding all expenses. You can either enter a monthtly amount or an amount per year per ft².
  • Increase Rate : You can specify the future increase(s) of future lease(s). This can be determined by either a percentage every year, a fixed amount per month or year, per ft² per year or enter directly the rent cost for the next lease
  • Expense : Enter the price of the expense for this lease. You can enter an amount per month or an amount by ft² per year. If the lease is a gross lease checkmark the box Detailed in Expenses.
  • Expense Increase : Enter the percentage for the expenses increase. In some cases, the rent will not increase, but the expenses will.
  • Common Space : Enter the area (ft²) of the communal area accessible by all the tenants of the building. This data is valuable seeing as it will impact the expense cost based on the overall size of the property.
  • Save : Click on Save to save your new information. If you click on the arrow, the data will be automatically saved and you will be moved to the next window
  • Residential Leases
  • Apartment : Enter the apartment number.
  • Rent : Add the lease pricing that your tenant pays for the rent (including parking, garage, etc…). However if for some reason, you charge him parking for only 6 months out of the year, do not include it in the rent. This is to insure the accuracy of the analysis.
  • Rent Increase  : Specify the percentage of the increase for the next lease. You can set up for the next few years.
  • Rent Increase Date  : The date where the increase will take effect. You can change the date by entering manually or using the calendar icon.
  • Lease End Date : The date where the current lease will end. You can change the date by entering manually or using the calendar icon.
  • Number of Rooms : Enter the number of rooms the apartment contains. This means all rooms: bathrooms, bedrooms, living rooms, etc… If you need to add the ½ symbol, simply click on the appropriate button.
  • Area : Enter the size of the apartment (ft²).
  • Seniority : Input the number of months the current tenant has been living in this apartment.
  • Homeowner :  If the owner of the property lives in the apartment in question, make sure to checkmark this option.
  • Renewed Lease : Only check this box if the lease will be renewed.
  • Vacant Unit : Checkmark this box to indicate that the apartment is currently available.
  • Tenant : Enter the name of the tenant currently residing in this apartment.
  • Comments : You can add any additional comments about the apartment or current tenant.
  • Heating : Check this box if the heating is included.
  • Electricity : Check this box if the electricity is included.
  • Hot Water : Check this box if the hot water is included.
  • Water Tax : Check this box if the water tax is included.
  • Half-Furnished : Check this box if the apartment is half-furnished.
  • Parking : Check this box if this apartment includes a parking space.
  • Garage : Check this box if this apartment includes a garage.
  • Furnished: Check this box if the apartment is furnished.
  • Laundry: Add a checkmark in this box if the tenant has access to the Laundromat.
  • Other 1 and Other 2: Check one or both boxes if there are other unspecified services included in the apartment.
  • Save: Click on Save to save your new information. If you click on the arrow, the data will be automatically saved and you will be moved to the next window

Under the Parameters section of your analysis, you can customize certain ratios allowing you to have the most accurate analysis for your client. You’ll similar ratios as you’ve seen on the General Parameters window, however the changes you’ll make here, will only impact the current analysis.

  • Scenarios
    1. You can give your scenario a title; whether it be “potential”, “current” or anything you see fit. This can be helpful when you want to compare 2 distinct analyses.

 

  • Start Date
    1. Select an Analysis Start Date. Be advised that this selection will affect your analysis. If you choose May 1st for analysis start date and the rent increase is scheduled for July 1st, you will notice the rent increase for Year 1 in the financial section for the report.

 

  • Annual Depreciation Rate
    1. The rate which diminishes the property’s value on a yearly basis. Generally, it’s 4%.

 

  • Marginal Income Tax Rate
    1. This rate will calculate the amount the property owner or potential owner will have to pay to the Government.


Please note that this is not a mandatory field mostly if you want to exclude income tax amount in the Financial Forecast.

    1. Moreover, the client is not obligated to share this information if he doesn’t want to. The Resale Yield will not be affected.

 

  • Taxable Portion of Capital Gain
    1. Represents the taxable portion of the capital gain (Current law ruling sets it at 50%).

 

  • Capital Gain Exemption
    1. Represents the tax exemption on the capital gain which belongs to the owner or will belong to the potential owner (Current law ruling sets it at 0$).

 

  • Depreciation at year 5
    1. Check this box if you want the amortization amount to be displayed at Year 5 on your

Financial Forecast

    1. report. Under normal circumstances, an analysis assumes that you will sell the property after 5 years, therefore the amount will not be included at Year 5.

 

  • Income Growth Rate
    1. Rate for increase of the property’s income. This information is used in the Financial Forecast section of the software.

 

  • Expense Growth Rate
    1. Rate for increase of the property’s expenses. This information is used in the

Financial Forecast

    1. section of the software..


Be advised that Year 2 means the growth rate between Year 1 and 2. Year 3 shows the growth between Year 2 and 3; so on and so forth.

  • Save
    1. Click on

Save

    to save your new information. If you click on the arrow, the data will be automatically saved and you will be moved to the next window

 

This section will allow you to enter all the expenses generated by the property. You’ll find 2 types of expenses: Recurring and Fixed Expenses.
Recurring expenses are fees that have to be paid on a yearly basis.
On the other hand, Fixed Expenses are major renovations planned for the property; usually a one time expense like fixing the roof.

  • Recurring Expenses
    (Yearly expenses)
    1. By clicking

Detailed Recurring Expenses

    1. , this will allow you to enter detailed information about the yearly expenses. We also give you the opportunity to either enter the annual charge of the expense or a fixed percentage of the

Effective Gross Income

    1. . By clicking

Add

    1. , you can add as many expenses as you feel necessary.

 

  • Fixed Expenses
    (Expenses that only occur once: parking, rooftop, major repairs, etc.)
    1. Simply indicate the renovation’s description, the scheduled date and the estimated (or accurate) cost of this expense. If the expense is scheduled within the next five years, it will have an impact on the

Financial Forecast

    1. .

 

  • Adding New Expenses
    1. You can add as many expenses as needed; an extra box will be added every time a new expense is saved.

 

  • Deleting an Expense
    1. You can delete an expense by clicking on the red X at the end of the row.

 

  • Obtaining the total amount of expenses
    1. To obtain your total of the entered expenses and the percentage of the

Operating Expenses

    1. , simply click on the calculator at the bottm of the page.

 

  • Save
    1. Click on

Save

    to save your new information. If you click on the arrow, the data will be automatically saved and you will be moved to the next window.

 

This window allows you to add all the available information about the income generated by the property. You can also detail any income related to the property: garage, laundry, or any other income generating service you offer for your property.

  • Rental Income According to Leases
    1. If you’ve taken the time to detail every lease of the property, this option will automatically calculate the property’s income. The software will regroup the income based on the number of rooms indicated.
  • Income
    1. You can choose to add the income generated by the property either on a monthtly or yearly basis.
  • Detailed Income
    1. If Detailed Income is checked, you will be able add any other income generating services included in the property.
  • Delete an Income
    1. You can delete an income by clicking on the red X at the end of the chosen row.
  • Loss of Income
    1. To insure obtaining an accurate analysis, we recommend entering the data for the

Vacancy Rate

    1. and

Bad Debt

    1. . Even if the building is fully rented, this gives you some leeway to insure the financial institution’s approval for the loan.

 

    1. You can either enter a fixed amount for

Vacancy Rate

    1. and

Bad Debt

    1. , or add a percentage of the

Potential Gross Income

    1. . Also, the

Vacancy Rate

    1. can be set automatically according to your region.
  • Income Loss – Automatic Calculation
    1. If you check

According to Leases

    1. , the software will automatically calculate the current vacancy rate situation. Of course, you will have to specify which apartment is vacant in the Lease window.
  • Vacancy Rate
    1. For the time being, the software can automatically generated the Vacancy rates for the various regions of the province of Quebec. This is something that will be eventually adjusted so it includes other Canadian Provinces and various states of the USA.
  • Calculate Total Incomes
    1. To obtain the

Potential and Effective Gross Income

    1. , simply click on the calculator at bottom of the page. The

Potential Gross Income

    1. represents the yearly revenue of the property if it’s rented at 100% and there are no bad debt. On the other hand, the

Effective Gross Income

    1. represents the amount generated by the property whilst taking into account the losses caused by the

Vacancy Rate

    1. and

Bad Debt

    1. .
  • Save
    1. Click on

Save

    to save your new information. If you click on the arrow, the data will be automatically saved and you will be moved to the next window.

 

iAnalyzeREI will give you the choice to detail the leases or not. If you choose no, you will be forwarded in the Income window. If you choose yes, you will be able to create your leases one by one. You can add an unlimited number of leases. We strongly suggest detailing the leases (if the information is available) so you can obtain a more accurate analysis.

  • Add a Lease
    1. If you’ve already added a lease and you see your list of leases, click on Add on the right hand side of the screen to add a new lease. Or if you are currently finishing up your first lease, click on

Add

    1. a New Lease.
  • Modify a Lease
    1. If you wish to edit a lease, simply click on it (or check mark it and click on

Modify

    1. ). iAnalyzeREI also allows you to edit more than one lease at a time. Checkmark each lease you wish to edit and click on

Modify

    1. . The change done in the lease window will affect all leases selected. This is an efficient way to modify multiple leases without having to do the modifications one by one.
  • Delete a Lease
    1. If you wish to remove a lease, check the box next to the lease to be removed and click on

Delete

    1. on the right hand side of the screen. You can delete multiple lease at once by selecting all the ones you wish to delete.
  • Copy a Lease
    1. Select the lease you wish to multiply by checking the box next to it and click on

Copy

    1. . This will allow you to create multiple leases at once thus increasing the efficiency in creating the analysis. By clicking on

Copy

    1. , it will ask you how many copies you wish to create; note that you can not create more than 99 leases at once. Once you’ve entered the quantity required, click on

Copy

    1. .
  • Other Offered Services
    1. This section allows you to specify services included in the property. These will not have an impact on the resulting report.
  • Save
    1. Click on

Save

    to save your new information. If you click on the arrow, the data will be automatically saved and you will be moved to the next window

 

This section will allow you to enter as much details as possible about the property.
Note that this section has no impact whatsoever on the profitability analysis.
This is simply to have a more complete and meaty report for your client so they have all of the property’s information.

  • Listing
    1. Under

Listing

    1. , you’ll have a quick summary of the property’s cost and potential income and expenses; if the appropriate section of the analysis has been filled out accordingly. If you wish to edit the data for the report, simply uncheck the

According to the Data

    1. option and you will be able to enter new amounts.

 

    1. You’ll also be able to specify the number of units and payment method. If you work with alongside a broker, you can enter his name and any information about a possible appointment to discuss said investment analysis.
  • Property
    1. Under this section, you will be able to have off hand the current owner(s) contact information. You can also add additional comments on the property or ideal time to contact the owner to make the project move forward.

 

    1. You can also specify what is included and excluded.
  • Legal
      • Zoning Type: What kind of area is the property located in
      • Property Title: Checkmark this option if the current owner still has it; you can also input the year this was acquired
      • Certificate of Localization: Checkmark this option if the owner has the survey certificate and you can also input the year the survey was done
      • Nominal Roll: ID number of the the property
      • Cadastre: It’s a comprehensive register of the boundaries of a property. A cadastre commonly includes details of ownership, occupancy, exact location, the dimensions (and area), cultivations (if in a rural area), and value of individual parcels of land.
      • Registration Division: Territory where the property is located
      • Legal Description: You can manually add any relevant legal information you feel would make the report even more complete.
  • Municipal Assessememt
      • Category: What type of property is it? (EX: Multi Family, Commercial, etc…)
      • Status : Indicates whether the municipal assessment is completed or in progress.
      • General Condition : Current physical state of the property
      • Year : The year the property was built
      • Land Price : How much it cost to purchase the land
      • Building Price: How much the property cost
  • Building
    1. Under this section, you can enter additional information about the building; size, material used, etc…
  • Land/Building
      • You can add the size of both the land and property; so the future knows how much land he will purchase. You can either input the sq2 or enter the total size of the lot.
  • Year Built
      • Year the property was built. If you don’t know the exact date of construction, check Check If Approximate
  • Number of Levels/Parkings
      • You can detail how many the levels and parking the property has. You can also detail the property’s outdoor finish, methods of heating/Combustible Heating and Sewer system by checking the appropriate option. You can input the materials used to build the property: EX: Floors, Foundation, etc…
  • Construction Type
      • Detached, semi-detached, duplex, triplex, etc…
  • Water
      • In the drop down menu, you can choose the water source.
  • Heating paid by
      • To insure an accurate analysis, Expense-wise, this is an important data to fill out. In the drop down menu, you’ll need to choose who is responsible for the heating: Tenant, owner or both.
  • Details
      • Under this section, you can define the property’s added value services and commercial type.
  • Save
    1. Click on

Save

    to save your new information. If you click on the arrow, the data will be automatically saved and you will be moved to the next window

 

This section will allow you to add details on the apartment currently occupied by the property owner. This information will show up on the Descriptive Card Report.

  • Homeowner
    1. If the property owner lives in an apartment of the building, check this box (if it wasn’t already checked in the

Leases

    1. section).
  • % of the Area Occupied by the Owner
    1. You’ll need to indicate the percentage inhabited the property owner. This data will be used in the

Financial Forecast

    1. section of the report for tax purposes.
  • Monthly Rent
    1. Input the monthly rent of this apartment. If you’ve already indicated it in the Lease portion of the software, you won’t have to input anything.
  • Number of Rooms, Bathrooms, Bedrooms
    1. Indicate how many rooms the apartment has.
  • Unit of Measure
    1. You can chose between Meter and Feet for the unit of measurement for the size of the rooms.


Note: 5,4 ft² does not mean 5 foot and 4 inches, but 5 foot and 0,4 feet.

  • Description
    1. You can specify the dimension of each room. By clicking the

Add

    1. button at the bottom, you can add the size of additional rooms if neeed be.
  • Save
    1. Click on

Save

    to save your new information. If you click on the arrow, the data will be automatically saved and you will be moved to the next window.

 

The Quick Analysis will allow you to generate a profitability report with only the basic vital information (Income, Expense, Financial information).

  • Income
    1. Add the property’s income. You can either detail it (Rent, Garage, Laundry, etc…) or if you uncheck detailed income, you can simply input a unique amount that encompasses all of the property’s income either per month or year.
  • Income Losses
    1. To insure an accurate analysis, you’ll need to detail the vacancy rate and bad debt. You can either add a percentage or an annual amount by choosing the adequate option.
  • Recurring Expenses
    1. You can enter the property’s detailed recurring expense or, if you uncheck

Detailed Recurring Expenses

    1. , you can input one amount that counts for all the property’s expenses. You can specify the expenses by a percentage or a yearly amount.
  • Acquisition Cost
    1. This is where you input the property’s price (or estimated price). Be advised that this would be the price you are willing to pay for the property.
  • Down Payment
    1. Simply input the amount you wish to put down as a down payment for the property. You can either put in a percentage of the property’s cost or a fixed amount.
  • Mortgage
    1. Input the amount or percentage of the property’s cost that will be financed by a financial institution. Be advised that the amount chosen for the mortgage has to exclude any financed fees (ex: Premium Tax, Realtor’s Commission, etc…). If there are any additional fees that are to be financed, add the total amount or percentage in Financed Fees.
  • Balance to Finance
    1. Under this section, you can detail of the mortgage: Amortization, interest rate, Payment frequency and compound interest. The result will be your mortgage payment.
  • Parameters
    1. Under this section, you’ll be able to adjust certain ratios about the analysis:
      • Quick Analysis (Commercial) : Check this if your analysis is for a commercial property
      • Total Units : Number of units in the property. This data will allow you to calculate the price per unit.

The following ratios can also be configured under Preferences – General Parameters.

      • Cash on Cash Rate (before taxes) : The ratio of annual before-tax cash flow to the total amount of cash invested, determined as a percentage by the owner-to-be.
      • Marginal Income Tax Rate: Consist of being the current owner or owner-to-be’s percentage of taxes paid (or to be paid). If the user doesn’t want this data into the Financial Forecast section of the report, he’ll need to write down 0%. The user’s clients are not obligated to reveal their personal tax information; although it would allow them to obtain a possible resale price for the property. This option can be adjusted so it comes out on the report and their clients are at least aware of this possibility.
      • Debt Coverage Ratio (DCR): Ratio required by the Financial Institutions so they know the investment is not too much of a risk. The minimum required is 1,20%.
      • Appreciation: The property’s increased value on a yearly basis. In general, it increases by 2% every year.
  • Pictures
    1. To add a picture to an analysis, click on

Pictures

    1. , located in the top left menu.
  • Detailed Analysis
    If you wish to have a more complete analysis, click on Detailed Analysis on the left hand side of the screen.

 

The Resale functionality allows you to simulate the resale of the property in 5 years. The data entered here will be used to calculate the return on investment.

  • Brokerage Fees
    1. Indicates the percentage of the value of the property at the beginning of the sixth year (Year 1 being the current year) allocated to brokerage fees. If you wish to take into account the legal fees, land survey and other expenses, you can include these in the percentage of brokerage fees so as to obtain a more realistic estimate of the resale value. The taxes (QST and GST) will be automatically added to this amount in the resale forecast report. 
  • Resale Price
    1. Represents the value of the property at Year 6. The property’s value is calculated across the previous 5 years. The default price given is impacted by the net revenue variation, inflation and depreciation of income and expenses detailed in the Analysis Parameters section of the software.
  • Annual Appreciation
    1. This rate represents the increased value of the property on a yearly basis. This data is obtain based on the yearly net income increase.
  • Resale Price Calculator (Approximate)
    The resale price of a property is quite tricky to determine after 5 years. The price will be an approximate estimate since we can’t really foresee the future of the market. To establish an approximate resale price, we suggest using one of the 4 methods below:
    • Manual Calculation: By using this method, the Resale Price Evaluation above becomes accessible. You can input data manually.
    • According to Data: Using this method, the software will calculate an approximative resale price according to the net revenue variation, inflation and depreciation of income and expenses detailed in the Analysis Parameters section of the software.
    • Capitalization Rate (Cap Rate): Indicates the overall rate of return on investment, not based solely on the down payment indicated (net income of the 5th year / resale price). (ex: Net income of the 5th year is $30,000. By putting the Cap Rate at 10%, we estimate a resale price of $300,000 ($30,000/0.1) .
    • Annual Appreciation: Rate used to calculate the yearly increase in value of the property. Simply input the approximate rate and the resale price will be visible after clicking on the Calculator icon.

This functionality will allow you to calculate an approximate selling price of a property based on 6 different calculation methods.

  • Annual Incomes and Expenses
    1. Simply input the property’s annual income and expenses (do not include financing fees). If you’re looking at the

Sale Price Evaluation

    1. page in a previously filled out analysis, simply check

According to Data

    1. . Or if you’re working on a new property, input the data or if you wish to have this function act independently from the

Profitability analysis

    1. , simply uncheck

According to Data

    1. .
  • Calculation Data
    1. 6 calculation methods are available to obtain a possible

Sale Price

    1. of a property. You can use the method of your choice, although we strongly recommend using the one based on the Down payment percentage because not only it ensures that you’ve covered the percentage required for your down payment, but will also ensure that the

Debt Coverage Ratio

    1. and

Cash on Cash

    1. rate are covered as well.
  • Cash on Cash Rate (before taxes)
      1. Indicates the rate of return the buyer will obtain when acquiring the property. This rate is usually determined by the potential buyer.
  • Debt Coverage Ratio (also called Security Ratio)
      1. This ratio represents the amount of times your profit should cover your debt service. Financial institutions will require a 1,20% ratio. This will insure the bank that you will be able to cover your mortgage even with if an unexpected expense occurs.
  • Global Actualization Rate
      1. The actualization rate is mainly to show that today’s dollar does not have the same value as yesterday’s dollar nor the same value as tomorrow’s dollar.
  • Down Payment (Percentage)
      1. Represents the percentage of the down payment that the buyer will invest for the purchase of the property. In normal cases, the minimum required is 25% for uninsured mortgages.
  • Down Payment (Percentage)
      1. Represents the amount the buyer will invest for the purchase of the property. If you decide to input an amount instead of a percentage, make sure it meets your Financial Institution’s minimum requirements.
  • Mortgage
      1. You can enter the information about your mortgage once your client has begun the process to purchase the property.
  • Interest Rate
        • Represents the interest rate negotiated with the Financial institution for your mortgage. Interest rates will vary from one financial establishment to another.
  • Amortization
        • Represents the quantity of monthly mortgage payment/total length of your mortgage
  • Payment Frequency
        • Represents the intervals in which the mortgage payment will be done.
  • Compound Interest
        • Indicates the frequency at which the interests will be multiplied. For Canadian mortgages, the interests will be compounded semi-annually, while in the United States, they are normally compounded on a monthly basis.
  • Results
        • By clicking on the calculator icon, iAnalyzeREI displays the results of every calculation method. If you want to obtain a price average for the different methods used, you simply have to check the box below the method’s name, at the top of each row. This will prompt the selected methods to be printed on the

Sale Price Evaluation Report

        • .
  • Payment
        • Mortgage payment to be made based on the chosen frequency.
  • Mortgage
        • Total amount of the loan needed to finance the purchase of the property.
  • Annual Profit
        • The cash flow generated by the property (Income – Expenses / Financing Costs).
  • Down Payment
        • The amount required as a deposit to purchase the property.
  • Sale Price Evaluation
    1. Approximate selling price of a property based on the annual gross income, expenses, financing scenario and requested rate of return.
  • Debt Coverage Ratio and Down Payment – Method
      • This calculation method needs to meet two criterias: Debt Coverage Ratio and Down Payment. Please note that it is very important to validate the percentage of the down payment because it could not meet the Financial Institution’s minimum required.
  • Debt Coverage Ratio and Down Payment Proportions – Method
      • This second method combines two interesting criterias. You will need to indicate the required values (

Debt Coverage

      • ratio at 1,2% and the minimum down payment of 25%). This method will thus meet the minimum requirements of your Financial Institutions.
  • Details of the Sale Price Evaluation
      1. Overall Discount Rate = (M x f) + (E x y) /= (0,75 x 0,06979) + (0,25 x 0,10) = 0,0773 = 7,73%

See details below

        • M : Proportion of the mortgage according to the value of the property (ex. 75 %)
        • f: Mortgage annual refund factor.
          ex: A 25-year mortgage with a 5% interest rate compounded semi-annually, paid monthly.
          f = 0.06979
        • E: Proportion of down payment to value of the property (ex. 25%).
        • y: Yearly rate of return (equity return), (ex. 10%).
      1. Details for Calculating f :
        • = interest rate = 5% = 0,05
        • n = total number of payments = 12 annual payments x 25 years = 300
        • p = actualized interest rate = (1 + i/2)1/6 – 1 = (1 + 0,05/2)1/6 – 1 = 0,0041239…
          Monthly mortgage repayment factor = p / (1 – (1 + p)-n)= 0,00412/(1 – (1 + 0,00412 )-300)= 0,005816005 …

Yearly mortgage repayment factor

        • = monthly mortgage repayment factor x number of annual payments  = 0.005816005 x 12 = 0.06979
      1. Sale Price Evaluation as set by Debt Coverage Ratio:
      2. Example:

 

      1. Net Annual Income = $24 000

 

      1. Desired Rate of Return = 10%

 

      1. Debt Coverage Ratio = 1,2

 

      1. Mortgage amortized over 25 years, with a 5% interest rate, compounded semi-annually and monthly.



Annual Mortgage Rate =

Net Annual Income  =  24 000$  =  20 000$
Debt Coverage Ratio 1,2 



Amount of mortgage payments  =

Annual  mortgage price  =  20 000$  =  1 666,67
Amount of Annual Payments 12 
      1.  

Annual Profit = Net Annual Income – Annual Amount of the Mortgage =
24 000$ – 20 000$ = 4 000$

Down Payment =

Annual Profit  =  4 000$  =  40 000$
Desired Rate of Return 0,10 

 

Actualized Interest Rate
p = (1 + i/2)1/6 – 1 = (1 + 0,05/2)1/6 – 1 = 0,0041239 …

Annuity =

p  =  0, 0412  =  0,005816005…
(1 – (1 + p)-n) (1 – (1 + 0,00412 )-300) 



Total Mortgage Amount =

Amount of Payment   =  1666,67$  =  286 563,91$
Annuity 0,005816005… 



Sale Price Evaluation = Total Amount of Mortgage + Down Payment = 286 563,91$ + 40 000$ = 326 563,91$
Sale Price Evaluation as set by Down Payment ($40 000):

      1. Annual Profit = Desired Rate of Return x Down Payment =

 

      1. 0,10 x 40 000$ = 4 000$


Annual Amount of Mortgage = Net Annual Income – Profit =

      1. 24 000$ – 4 000$ = 20 000$


Amount of the mortgage payments  =

Annual price of the mortgage  =  20 000$  =  1 666,67
Number of Annual Payments 12 

 

Actualized Interest Rate
p = (1 + i/2)1/6 – 1 = (1 + 0,05/2)1/6 – 1 = 0,0041239 …

Annuity=

p  =  0, 0412  =  0,005816005…
(1 – (1 + p)-n) (1 – (1 + 0,00412 )-300) 



Total Mortgage Amount   =

Amount of Payment   =  1677,67$  =  286 563,91$
Annuity 0,005816005… 


Sale Price Evaluation  = Total Amount of Mortgage + Down Payment = 286 563,91$ + 40 000$ = 326 563,91$
Sale Price Evaluation as set by Overall Discount Rate:
Sale Price=

Annual Net Income  =  24 000$310 300,23$ [email protected]
Overall Discount Rate 0,0773… 

This section will allow you to details any acquisition fees generated by the purchase of a building: notary, inspection, evaluation, etc…

  • Loan Insurance Premium
    1. The Loan insurance premium is an amount provided by a governmental institution to help the buyer in the process of buying a property (income generating or not). This service is required if the buyer offers less than 25% for the down payment of the property. In most cases, the insurance premium is financed so it is calculated in the buyer’s first mortgage. The

Financed Fee

    1. box needs to remain check at all times. When the

Automatic Calculation

    1. box is checkmarked (in the

Cost and Financing

    1. page), the rate will be calculated automatically if the down payment is less than 25%.

 

  • Insurance Premium Tax
    1. Depending on the area, a tax is applicable on the insurance premium. The amount will automatically be calculated based on the percentage entered. This amount must be paid at the time of purchase. Under normal circumstances, this amount cannot be financed. The Financed Fee option must remain uncheck for this fee.

 

    1. The commission for the realtor will be paid by the seller of the property and not the buyer. However, in certain cases the buyer works with a realtor to help him close a deal so in this case you can input an amount or percentage to be paid as a commission to the realtor.

 

  • Percentage or Amount (Premium and Commission)
    1. You can either enter an amount or percentage to determine the Loan insurance premium and Commission. If you opt to input a percentage, the software will automatically calculate the adequate amount. On the other hand, if you don’t know what percentage to add, simply enter the amount then the percentage will be automatically calculated.

 

  • Other Fees
    1. As far as the other fees go, simply add the proper amount or percentage necessary. Of course, if certain amount don’t apply (ex: there was no need for an Environment test), simply leave the amount 0$. Evidently, more fees there are, the lower the profitability might look for the first year, but things will look up starting year 2. We strongly suggest that you only add the CMHC Premium so the profitability analysis can be easily compared with another investment property.
  • Add Additional Fees
      • If applicable fees are not represented in the list created by default, simply enter the information in the blank areas. Click

Add

      • to have additional areas to fill out.
  • Delete a Fee
      • To delete an entry, simply click on red X at the end of the corresponding fee.
  • Calculate Total Fees
      • To obtain the total fees, simply click on the calculator at the bottom of the window.
  • Save
      • Click on

Save

    • to save your new information. If you click on the arrow, the data will be automatically saved and you will be moved to the next window.

 

Preferences

    1. In this section, you change your password. When you create your iAnalyzeREI account, a default random password is attributed to you. If you wish to set one up that is easier to remember, this is where you can do it.
        1. Simply write your new password where indicated and confirm it in the section underneath it.
        2. Once you’re done, click on Save or click on Cancel to cancel the operation.
      Please note that your password must be at least 6 characters long. We recommend having a password that mixes letters and digits.
      Your user name is the name used to log in iAnalyzeREI and not the name that appears on the reports.
      • You can modify your current identification by clicking on the Modify button. You will have to inscribe your new identification and the reason for the modification. However it is not mandatory.
        • Information about your iAnalyzeREI account
          1. Here, you will find information relative to your account. You can visualize your subscription’s end date, the automatic renewal as well as the used and available space for your picture. You can send a request to end your subscription by clicking on the appropriate button.

        • Payment method
          1. You can change the payment method for your account. Enter the card number, the expiration date and the cardholder’s name. A message will be send, telling us your information has changed and we will update your account.
        Check the box on the left of the analysis in question, then, click on Archive
            •  

The information entered in this section will allow you to customize your iAnalyzeREI profile to your image. You can edit your profile by clicking on Preferences at the bottom left corner of the screen and then My Profile under User Section.

  • Password
    1. You can change your password to something more personal by clicking on

Modify my Password

    1. .
  • Report and Interface Language
    1. iAnalyzeREI allows you to work in the software in English and print reports in French (if need be) or vice versa.
  • Company Name
    1. If you need to change or add your company, simply enter it where indicated.
  • My Picture
    1. You can add your company logo and personal picture to customize your account to your image. Here’s how you can do it:
      • Click on the Browse button.
      • In the new window, double click on the folder where the picture is located.
      • Click once on the icon picture.
      • Click on Open.
      • Click on Save at the bottom of the screen
      • A thumbnail version of your picture will appear

Note: No user name can be added or modified to limit hacking possibilities. To add or to modify a user name please contact us.

  • Signature
    1. Your signature will show up at the bottom of each message sent. Avoid having to enter manually your signature on every message thanks to this nice feature. 
  • Post the advice, informative messages, and warning messages.
    1. We strongly recommend having those 3 options checked in so iAnalyzeREI displays various messages, to maximize it’s efficiency and to be advised if any problems or issues surface. 
  • Personal Information
    We store this information just in case we need to contact you.

 

The General notes section of the software allows you to edit the default information that shows up on the cover page of your analysis. You can also detail certain aspect about the generated report.

  • Cover Page
      • Title : The report’s title (ex: Real Estate Investment Analysis). You can change it to your liking.
      • Information : Allows you to add any complementary information for your report (ex: contact information, short résumé of your real estate experience, etc…).
      • Add Page Numbers : By checkmarking this, the pages of your report will be numbered.
  • Report Order
    • Include to Report : Each item checkmarked will be added in your report.
    • Include Date : By checking this option, the date the report was created will be on the chosen pages of the report. By default, it will be added to all pages. You can uncheck pages.
    • Order : You can determine in which order the pages of the rep

To help improve your efficiency and tailor the software to your needs, the Parameters section allows you to set up certain data so the software creates every analysis based on those configurations without having to change them everytime thus allowing to create custom-made reports. Please note that some parameters can be adjusted on a per analysis basis from Data Gathering window (step 2 in a Full Analysis).

  • Annual Depreciation Rate
    1. The rate of depreciation to which a property is subjected to every year (Generally 4%).
  • Cash on Cash Rate (Before Taxes)
    1. The ratio of annual before-tax cash flow to the total amount of cash invested, determined as a percentage by the owner-to-be.
  • Marginal Income Tax Rate
    1. Consist of being the current owner or owner-to-be’s percentage of taxes paid (or to be paid). If the user doesn’t want this data into the

Financial Forecast

    1. section of the report, he’ll need to write down 0%. The user’s clients are not obligated to reveal their personal tax information; although it would allow them to obtain a possible resale price for the property. This option can be adjusted so it comes out on the report and their clients are at least aware of this possibility.
  • Debt Coverage Ratio
    1. Ratio required by the Financial Institutions so they know the investment is not too much of a risk. The minimum required is 1,20%.
  • Taxable Portion of Capital Gain
    1. Determines the taxable percentage of the capital gains.
  • Discount Rate 
    1. This rate will allow the user to see updated amounts (ex: generated cash flow, property value) seeing as today’s dollar does not have the same value as the last few years.
  • Capital Gain Exemption
    1. Represents the tax exemption on the capital gains to which the owner or future owner is entitled to.
  • Depreciation at Year 5
    1. Check-mark this option if you wish to see the amortization at Year 5 in the

Financial Forecast

    1. report. Usually, an analysis will take into account the fact that the property will be sold during the 5th year of ownership, so no amortization is necessary at year 5.
  • Growth Rate
    1. Approximate increase of income and expenses on a yearly basis. This data is compiled for the

Financial Forecast

    1. .
  • Length
    1. The duration of the mortgage is to amortized. This is basically the number of months it will take fully pay the mortgage.
  • Interest Rate
    1. Interest rate for the mortgage. The interest rate may vary from one financial institution to another.<
  • Payment Frequency
    1. The frequency at which the mortgage payments are to be made.
  • Compound Interest 
    1. This option allows you to calculate the interest paid on the original principal and accumulated unpaid interest that is accumulated during the length of the mortgage and increases until payment is to be done. The interest for a Canadian mortgage is compounded twice a year while an American mortgage is compounded 12 times a year.
  • Compensation Tax
    1. Tax calculated on the real estate agent’s commission. The amount varies from one region to another as the tax percentage is different.
  • Loan Insurance Premium Tax
    1. Tax applied on the loan insurance premium (ex: CMHC in Canada)
  • Display Ratios
    1. If you choose

According to Acquisition Cost

    1. , the ratios will be calculated according to property price added in the

Acquisition Cost

    1. box. If you select

According to Market Value

    1. , the ratios will be calculated based on the amount entered under the

Fair Market Value

    1. box. The

Acquisition Cost

    1. and

Fair Market Value

    1. can be added under the

Cost and Financing

    1. section in the

Data Gathering

    1. section.
  • Vacancy Rate
    1. Allows you to add the vacancy rate of your area so the software can use this data in the analysis and having a more accurate profitability analysis.
  • Bad Debt
    1. The percentage of Bad Debt for the property you’re working on.
  • Down Payment
    1. Allows you to indicate the default down payment percentage to be used for all your analyses. You can also change it while doing the analysis under

Cost and Financing

    1. .
  • % of Acquisition Cost for building
    1. If you haven’t detailed the

Acquisition Cost

    1. (

Total Acquisition Cost

    1. ) and check mark

Detailed Acquistion Cost

    1. (in

Cost and Financing

    1. ), the percentage added here will be alloted to the building and the balance to the land.
  • Detailed Income/Recurring Expenses
    1. Will automatically be able to enter detailed income information under Income and detailed expenses under

Expenses

    1. .
  • Detailed Acquisition Fees
    1. When you create a new analysis, once you’ve added the

Acquistion cost

    1. , the software will calculate the building and land value.
  • Consider Acquisition Fees as Down Payment
    1. Checkmarking this will automatically add the acquisition fees in the down payment amount.
  • Include Acquisition Fees in the Expenses of the First Year
    1. As the name state, the acquisition fees will be taken into consideration when calculating the expenses of the first year.
  • Import Property’s Picture(s)
    1. This option will allow you to automatically import the property pictures when importing data from your MLS system.
  • Save
    1. Click on

Save

    to save your new information. If you click on the arrow, the data will be automatically saved and you will be moved to the next window.

 

Tools

    1. My Analyses button is available at all times at the bottom left corner of the page to allow quick and easy access to the following functionalities:
      • New Analysis
        1. To create a new analysis, click on the
      Add
        1. button on the right hand side of the screen. You’ll be prompted to enter the property address and select what type of analysis you want to do. You’ll be able to choose one of the four types of analysis:
          • Quick Analysis : This type of analysis will allow you to create a report by entering the essential, non-detailed, information (i.e. income, expense, financing information).
            See Quick Analysis
          • Multi-Family Analysis : This type of analysis will include a financial forecast which will help you figure out when the property will become profitable, based on the essential information entered. This type of analysis will not allow you to include commercial spaces.
          • Commercial Analysis (or Semi-Commercial) : This type of analysis will allow you to calculate the a commercial property’s profitability thanks to the data entered. You can include both residential and commercial leases.
          • Sale Price Evaluation : The Sale Price Evaluation will help you determine the sale or purchase price of an income property.
            See Sale Price Evaluation
      • Open
        1. To open an existing analysis, simply click on the address of the property or check the box on the left of the address of the property and click on
      Open
        1. on the right hand side of the screen.
      • Delete
        1. To delete an analysis (be advise that this is NOT reversable), check the box on the left of the analysis you wish to delete and then click on
      Delete
        1. on the right hand side. You can delete multiple analyses at the same time. Simply check the boxes on the left of the analyses you wish to delete.
      • Rename
        1. To rename an existing analysis, select the analysis by checking the box on the left of the analysis in question, then, click on the
      Rename
        1. button.
      • Move
        1. iAnalyzeREI allows you to categorize your analyses. By default, you have access to a few directories in which you can move your analyses.
          1. To move your analysis, check the box on the left of the analysis you wish to move. This will open a new window asking you where you want to put the analysis.
          2. You can either move it to an existing folder or you can create a new folder in which you’ll be able to store your analyses.
          3. Once you’ve selected your folder (existing or new), click on the Move button at the bottom.
      • Copy
        1. iAnalyzeREI allows you to make a copy of your analyses. This is quite useful when you want to create a new scenario for an existing analysis, but you don’t want to change or lose the initial one:
          1. Checkmark the analysis you wish to copy.
          2. Click on Copy on the right hand side of the screen.
          3. Give a different name to the copied analysis so there’s no confusion.
          4. Click on Copy at the bottom to complete the process or Cancel on the right hand side of the screen if you decide against copying the analysis.
      • Archived Analyses
        1. If you have a few analyses that you don’t use, but want to keep close by just in case, you can move them to the
      Archived Analyses
        1. folder. Check the box(es) of the analysis(ses) you wish to archive, and then click Move on the right. On the new page, select
      Archived Analyses
        1. and then click
      Move
        at the bottom of the page.

A comparison will allow you to have all the main characteristics of various similar properties or multiple scenarios for a single property under a single report. You can compare up to 10 properties or scenarios at once.

  1. To create your comparison, simply check mark the various analyses to be included in the report. Feel free to change the order in which the analyses will show up in your report.
  2. Then either click on Compare to access instantly the comparison or if you’re done with your scenarios, click on Create report to generate the PDF report.
  3. Click on the Preferences button if you wish to personalize the contents of the comparison report.

It is possible to change the type of analysis you’re working on.
For example, if you’ve created a Multi Family analysis when in reality it’s a Commercial property, you can switch it to a Commercial Analysis.

To convert an analysis :

  1. First, under My Analysis, pick the one you wish to convert.
  2. Click on Tools.
  3. Choose the proper analysis type.
  4. Click on Convert.

It is necessary to fill in this page as it is required to choose an active buyer for your analysis. Furthermore, you will be able to modify your buyer’s personal information (assets, liabilities, expenses, etc.)
To access this page, click on the Tools menu at the bottom left of the screen.

  • Add
    1. To add a new buyer to your list, click on the

Add

    1. button. You can add as many buyers as necessary.
  • Modify
    1. To modify the buyer’s profile, click on the

Modify

    1. button next to the buyer’s name.
  • Delete
    1. To delete a buyer, select the buyer to delete and click on the Delete button at the right.
  • Buyer Profile
    1. Enter all the information you’ve collected on your buyer. The only information that is mandatory is the buyer’s name. 
  • Buyer’s Assets
    1. Enter your buyer’s assets. This information is not mandatory; however, its purpose is to produce a complete report for a financial institution or for a buyer.  It is important to obtain proper authorization from the buyer before using this information.
  • Buyer’s Liabilities
    1. Enter your buyer’s liabilities. This information is mandatory because it allows you to calculate your buyer’s maximum purchase price. For every liability entered, it is possible to enter a yearly amount by selecting the

Annual

    1. option located in the upper part of the window. However, if you do not know the yearly amount, click on the

Monthly

    1. option and enter the amount of the liability. The annual amount will automatically calculate itself. You can change your amounts from Monthly to Annually as many times as you want. 
  • Buyer’s Income
    1. Enter your buyer’s income. This information is mandatory because it allows you to calculate your buyer’s maximum purchase price. For every income source entered, it is possible to enter a yearly amount by selecting the

Annual

    1. option located in the upper part of the window.  However, if you do not know the yearly amount, click on the

Monthly

    1. option and enter the income amount. The annual amount will automatically calculate itself. You can change your amounts from Monthly to Annually as many times as you want. 
  • Buyer’s Expenses
    1. Enter the buyer’s potential expenses after he has acquired his home. This information is not mandatory. 

 

    1. Notice that the most common expenses are already listed. However, you may modify these at will. For each expense, it is possible to enter a yearly amount by selecting the

Annual

    1. option.  However, if you do not know the yearly amount, click on the

Monthly

    1. option and enter the income amount. The annual amount will automatically calculate itself. You can change your amounts from Monthly to Annually as many times as you want. 

 

    1. At any given time, you can enter additional expenses in the blank boxes. An unlimited number of expenses can be added as, each time you enter a new expense, another blank box will appear.
  • Save
    To save your entries, press on the Save button or click on the arrows to move to another page. Your data will be saved automatically.

 

A little added bonus to iAnalyzeREI. You can send Emails directly through the software with all the basic and important functionalities of Outlook: To, Cc, Bcc, Subject, Message, Signature, Message Priority, Delivery Notification and Read notification. 

  • List of Saved Emails
    1. Any recipient’s Email address you may have used through Clarus Investor® are automatically stored in your software for future uses.
  • Create Report
    By clicking Create Report on the right hand side of the screen, you will be re-directed to the Report page where you will be able to determine what will show up in the report. You will then be able to send it by E-mail.

 

iAnalyzeREI gives you the opportunity to share your analysis(ses) with fellow iAnalyzeREI users. It’s an efficient way for agents who work on the same property to share and edit information about the property. Please note that changes made by either of the agents will be reflected in the other’s analysis.

  • To share an analysis:
      1. Click on the Tools button on the top menu.
      2. Click on Share Analysis
      3. Click on the circle beside the name of the building.
      4. Click on the Share button.
      5. Select between Send a copy of this analysis or Share this Analysis.
  • Send a Copy of this Analysis:
    1. This option will allow you to share a copy of an analysis to another iAnalyzeREI user. If the recipient needs to make changes, those will not be reflected in your copy of the analysis.
  • Share this Analysis:
    1. This option allows you to share an analysis with another iAnalyzeREI user. Beware that any changes made by the recipient will be reflected in your copy.
  • Read Only:
    This function will allow a fellow iAnalyzeREI user to view an analysis you’ve shared with them, however they will not be able to make any changes whatsoever.

 

Reports

      • Under this section, you can determine what you want to include in the Comparison report. By default, everything is already checked in. However, you can uncheck any options you wish to remove. If you wish to remove a complete category, simply uncheck the box next to the header you wish to remove.
        1. Go to the left menu
        2. Click Preferences
        3. Click Building Complex / Analysis Comparison.
        4. Read the items in each category (incomes and expenses, profitability, resale, financing, caracteristics) and select those to be included in reports.
        5. Save : Click on Save to save any changes made.

Under this section, you can determine what you want to include in the Financial Forecast. By default, everything is already checked in. However, you can uncheck any options you wish to remove. If you wish to remove a complete category, simply uncheck the box next to the header you wish to remove.Click on Save to save any changes made.

Under this section, you can determine what you want to include in the Profitability report. By default, everything is already checked in. However, you can uncheck any options you wish to remove. If you wish to remove a complete category, simply uncheck the box next to the header you wish to remove.

Save Click on Save to save any changes made.

  • Report Selection
    1. Under the Report tab, you can generate your report. To allow you full control as to what you print, you can check/uncheck any information you wish to show or not show on the report. If you wish to exclude a complete section of the report, simply uncheck the checkbox next to the Header you wish to remove.
  • Building Complex Analysis
    1. If you check this option, you will be able to calculate the overal profitability of a building complex. Of course, the properties will have their own analysis and you need to select them.
  • Analyses Comparison
    1. This option will allow you to compare up to 10 properties or scenarios for the same property. Of course, additional property analyses and scenario analyses will need to be created to be able to do the comparison.
  • Parameters
      • Customer’s name: Enter your client’s name or the name of the person whom the analysis is for.
      • Report Language: No matter the language of your interface, you can generate the report in English or French.
      • Add Page Numbers: Checkmarked by default, this will number the pages of the report.
        You can also change the template of the report; you can choose a default template or add your own.
      • Preview: Click preview will generate the report; depending how much information you’ve entered/chose, the report generating process can take up to 1-2 minutes (also varies according to your internet connection). You’ll know it’s ready when you see a Continue button underneath Preview. Clicking Continue will open the report in a PDF format (Adobe Acrobat Reader required).
  • Send by E-Mail
    This option will open up a new window allowing you to send the report in PDF format by Email. Unlike the Share option (under Tools), you can send the pdf report to anyone, even non-users of iAnalyzeREI.

 

Desktop Version

Manuals