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             What features are important in a real estate investment software program?
 
 
             What type of telephone and email support is provided with the purchase of the software?
 
                 Advantage Software LLC provides free technical support via phone and email.  You can also call up for a free walk through.
 
             Is there a money back guarantee with the purchase of the software?
 
                 We are confident that On Target will meet your real estate investment software analysis needs.  That is why we offer a 30 day
                 money back guarantee when you purchase the On Target real estate investment analysis software. 
 

             Does the real estate investment software have extensive graphics?
 

                 A good graphics interface makes it much easier to understand and size up financial data. It is much easier to visualize and

                 comprehend a group of related numbers in a graphics presentation than on a financial report. 
 
                You can view and print 22 different graphics in 2D line, 2D bar, 2D step, 3D bar and 3D step format with On Target.   
                On Target also provides 7 additional graphics in 2D bar, 3D bar and 2D line format related to the Sensitivity Analysis report.
 
             Does the model calculate after-tax Cash Flow, after-tax Sales Proceeds, after-tax Future Wealth,
                 after-tax Cash-on-Cash return, after-tax IRR and after-tax MIRR?
 
                 Any model that you consider purchasing should calculate the above after-tax values.  Income taxes have a large impact on
                 your bottom line.  The higher your tax bracket, the greater the impact. 
 

             Can the real estate investment software handle both state and federal taxes?
 

                 Any real estate investment software that you purchase should not only handle federal taxes, but should allow you to apply a

                 state income tax rate and a state capital gains rate.  If it doesn't, you will have an incomplete financial picture.
 
             Can you change the following input data for a property on a year-to-year basis?  Income Growth Rate,
                 Expense Growth Rate,  Appreciation Growth Rate and Capitalization Rate
 
                 You should be able to vary a properties income, expense and appreciation growth rates on a year-to-year basis.  Some
                 unsophisticated real estate models only allow you to run constant rates for these values.  For example, you purchase an
                 income property for 300,000 and give it a face lift in the first year.  The face lift cost you $40,000 and the property is worth
                 365,000 when the repairs are complete.   The software that you purchase should be able to account for the $40,000 in
                 improvements and should be able to appreciate the property up to the new market value or 365,000. The On Target real
                 estate software can easily handle this situation.
 
             Does the real estate analysis software calculate Future Wealth / Net Worth?
 

                 The future wealth report is indispensable.  How can you purchase an income property without understanding its potential

                 impact on your future net worth?  
 

             Does the model calculate after-tax IRR and after-tax MIRR?
 
                 Since the Internal Rate of Return / IRR calculation can exaggerate your return, a good model will also provide a MIRR or
                 Modified Internal Rate of Return calculation.  If the projected IRR for an income property investment is 20% in year 10, the
                 IRR calculation assumes that you are making 20% each year on the properties cash flows.  This is not likely.
        
                 With the MIRR calculation, you input the rate of return that you think you can make on your cash flows.  The MIRR is a
                 much more realistic financial indicator.  Only a couple of the real estate models out there calculate an after-tax Future
                 Wealth dollar amount and an after-tax MIRR.  On Target calculates both an IRR and a MIRR.
                  
                 The after-tax cash flows, after-tax return on cash flows and the after-tax sales proceeds should be included in any IRR
                 and MIRR calculation. I have seen some models that don't include the after-tax sales proceeds in the IRR calculation. 
                

             Can the model Handle rental Losses?
 
                 Any real estate analysis model that you purchase should be able to handle the following rental loss situations.
 

                    1)  Real Estate Professionals can write-off all rental losses in the year of the loss.
 
                          2)  Passive participants can write of no rental loses in the year of the loss.  Rental losses build up year-to-year until
                               there is positive income in a future year to offset the losses or until the property is sold. 
           
                          3)     Active participants in an income property with an adjusted gross income of $150,000 or less can write-off up to
                               25,000 in rental losses.  Note – If you have an adjusted gross income of 150,000 or more, you can’t write off rental
                               losses until you have a positive income in a future year to offset the losses or you sell the property.
           

             Does the real estate investment software have an Executive Summary?
 

                 An executive summary is indispensable when comparing multiple income properties.  It allows you to run consistent 

                 assumptions against different income properties and then compare the Executive Summary financial data (the most important
                 financial data) to determine which property provides the greatest return. 
 

             Does the model provide comprehensive Sensitivity Analysis so that you can quickly run what if scenarios?
 

                 The On Target real estate model allows you to run what if scenarios modifying the purchase price, percent down, loan interest
                 rate, vacancy rate, appreciation growth rate, income growth rate, expense growth rate and the reinvestment rate.  Sensitivity
                 analysis should be a part of any high-end real estate model that you purchase.
 
             Does the model allow for a physical assessment of the property and the location where it resides?
 
                 Purchasing income property doesn't only involve establishing the financial viability of a property.  It also entails examining a
                 properties physical condition and the desirability of the area where it resides.  On Target provides a checklist and grading
                 system for residential income properties to assist with the above.  
 
             How many loans can you enter on a property with the real estate model?
 
                You can enter up to 3 loans on a property with the On Target software including interest only loans and fully amortized loans.
                You can enter one future loan on a property via the third loan.
 

             Does the real estate investment software provide a cover sheet with a picture of the property?
 
                On Target allows you to put a picture of the property being analyzed on the Cover Sheet.  This is very important if you are a
                real estate professional and work with buyers and sellers of income producing properties.    
 

             Does the model have blank data entry forms for gathering the property input data?
 

                On Target provides blank entry forms which make it easier for you to gather and enter a properties input financial data. 
 
             Does the model have a built in help facility? 
 
                 Each screen in On Target has a help information associated with it that can be printed and reviewed. 
 
             Can the model create a Sales Flyer that can be disseminated to potential income property buyers?
 
                 You can quickly create a one page Sales Flyer that summarizes important property financial detail.  Physical copies can be
                 distributed to potential buyers or the Flyer can be emailed. 
 

             Does the model highlight important report data?
 
                 Does the model highlight important report data such as taxable income, before and after-tax cash flows, before and after-tax
                 sales proceeds, after-tax future wealth, after-tax modified internal rate of return, etc?  The On Target software highlights
                 important financial data to help you quickly assess the potential of an investment.
 

             Can the real estate model handle partnership analysis?
 
                 If you are planning on buying income property with other investors, the real estate model that you purchase should be able to
                 handle partnership analysis.  On Target allows you to prorate the financial data for each investor based on their ownership
                 percentage. 
 

             Do you need a spreadsheet to run the real estate investment model?
 

                 You don't need to purchase a spreadsheet to run the On Target software and you don't need to understand how spreadsheets

                 work.  On Target is an executable program written in Microsoft Visual Basic.Net  It is a menu driven, point and click software.
                 You enter the property data and click on Run to generate the reports and graphs. 
                

             How much does the real estate investment software cost?
 
                 If you are planning on paying over $100 for real estate investment analysis software, be sure to consider the above features. 
                 The On Target real estate investment software costs only $97.95 and includes numerous reports and graphics to assist with
                 the decision making process.   
 
 
 
 
            New Release   On Target 4.01 - Real Estate Investment Software      
 
                    Just   $97.95        On Target Changes          Screen Shots   
 
                 Easy to Use    -    Feature Rich    -    Affordable   -     Free Support
 
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    - - Thousands Sold - - Used by Investors, Accountants, Banks, Lawyers, Appraisers and Realtors
 
 
                                   
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