Advantage Software LLC                     Real Estate Investment Software
   "Innovative Real Estate Software Solutions"                                     On Target Changes
  
     
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      OnTarget 4.02 Changes
 
 
 
             New Sales Flyer Report included in Report Section   
                   Simplifies flyer data entry
 
             New Microsoft Graphics     On Target Screen Shots
                   Graphics include 2D Line, 2D Column, 2D Cylinder, 3D Column,
                      3D Cylinder, 3D Area 
                   Operating Expense Graphics include 2D Column, 2D Cylinder, 2D Pie,
                      3D Column, 3D Cylinder, 3D Pie, 3D Doughnut 
 
             All Input Operating Expense fields can be renamed by user   
                   Increased software flexibility
                   Unused input operating expense fields can be renamed and used
 
             Building Basis and Recovery Period are no longer mandatory input   
                   Allows user to quickly run financial statements for land rentals
                   Simplifies entry of construction projects and land improvements
 
 
              
      OnTarget 4.01 Changes
 
 
 
             New Sales Flyer Report     On Target Screen Shots
 
                   Quickly create a one page flyer to assist with the sale of income properties.
                   Flyer includes property financial details and a picture of the property.    
                   Give a printed copy of the flyer to potential buyers.
                   Create a Flyer JPEG file which can be emailed to potential buyers.
 
             Report Presentation Changes  
 
                  More color on browsed and printed reports
                  Create Report JPEG files that can be emailed 
                  Improved report presentations for all printed reports 
                   
             Graphic Presentation Changes  
 
                  More colorful graphics
                  Create Graphic JPEG files that can be emailed
                  Better Graphics Axis labeling
                  New 3D Bar and Step Graphics
                  Graph Types - 2D Line  2D Step   2DBar   3D Bar   3D Step
                  New Effective Gross Income / Expenses Graphic
                  New Yearly Gross Rent Multiplier Graphic
 
             Cover Page Report Changes  
 
                  Include your company logo
                  Cover Page includes a Disclaimer
                  Improved Cover Page presentation
 
             Personal Property Depreciation Changes  
         
                  New Depreciation Method Entry Field
                  150 Declining Balance, 200 Declining Balance and Straight Line depreciation  
                  1, 3, 5, 7 and 10 year recovery periods
 
             Improvement Depreciation Changes  
         
                  New Depreciation Method and Recovery Period Entry Fields
                  150 Declining Balance and Straight Line depreciation  
                  15, 20, 27.5, and 39 year recovery periods
 
             New Target Cap Rate / Appreciation Growth Rate Entry Fields 
         
                  You can now enter a Target Cap Rate that will be applied to all years of 
                     the financial data.
                  Or enter an Appreciation Growth Rate if you wish. 
                 
             New Loan 1 Calculation Entry Field  
         
                  Use Percent Down, Loan to Value or Debt Coverage Ratio to calculate
                     loan 1 Amount.
                 
             New Other Income Growth Rate Entry Field  
         
                  Software now includes both a Rental Income Growth Rate entry field and a Other
                     Income Growth Rate entry field. 
                  Rental Income Growth Rate and Other Income Growth Rates can be changed
                     on a year-to-year basis on the Set Year-to-Year Growth Rates screen.
             Rent Roll Report Change  
         
                  New percent of total square feet field on Rent Roll report.
 
 
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