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To create a Sales Flyer, just click on the tab key to move from
one entry item to the next entry item. Enter the property purchase
price, property address, description of the property and
miscellaneous financial information. If you have a picture of the
property, you can click on DIR and find the location of the picture.
The On Target program will display the picture. You have 21 lines to
describe and list important property information. In the "Contact
Information" section, you can enter your name, your company name,
two phone numbers and your email address.
Next enter the percent down, loan points if there are any and the
miscellaneous closing cost percent. When you enter the percent down,
the program will automatically calculate the loan amount and the
amount you are putting down on the property based on the percent
that you enter. The loan points percent is multiplied times the loan
amount to calculate the loan points dollar amount. The miscellaneous
closing costs percent is multiplied times the asking price of the
property to calculate the closing costs amount. The On Target
program will calculate the total investment amount by adding the
down payment amount, loan points amount and the miscellaneous
closing costs amount. Enter the loan interest rate and loan term in
years and the On Target program will calculate the monthly payment
amount.
In the "Operating Expenses" section, you can enter up to twelve
individual expense caption entries and expense entry amounts. Note
that you can type over any caption name entry that you wish and
enter your own expense entry name. The On Target program totals all
of the expense entries for you. The On Target program also
calculates the percent of Effective Gross Income for each of the
expense entries. Lastly, enter the potential rental income, other
income if there is any and the vacancy rate or percent. The On
Target program will complete the cash flow statement and calculate
important property financial ratios.
©
Copyright 2000 - 2012 Advantage Software LLC
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