Whether you are representing a potential buyer or a potential Seller, you are probably answering this question often. But in today's more sophisticated investment climate, you are also being asked more sophisticated questions.

Buyers and sellers are asking challenging questions like these:

• What will my Annual Cash Flow be?
• What Cash on Cash Yield will the property produce?
• What Internal Rate of Return can I expect?
• My lender wants to know what the Debt Coverage Ratio will be. Can you tell me?
• If I purchase, will you help me prepare the property information to submit to the lender?
• I would like to see a Discounted Cash Flow Analysis. Have you prepared one?

The seller will ask for your help in developing the Asking Price. He will be looking for a broker with the tools and knowledge to prepare an income analysis as well as a pro-forma. Income Statements, Discounted Cash Flow Analyses, projected income, expenses and cash flows over a future holding period.

If you are representing a buyer, you will be asked to look at the pro-formas of several investment properties. You will be expected to calculate and compare rates of return, cash flows after debt service, and cash on cash yields. And you will also be expected to prepare a clean, understandable package to present to a financial institution.

Investment Analyst is the perfect software tool to assist you in representing buyers and sellers in today's investment world. Analyst is not complicated to use. It produces sophisticated, yet understandable reports. Developing "what-if" scenarios is easy.

Analyst will handle any type of income producing property. For most apartment buildings and small commercial buildings, Investment Analyst Standard will do the job nicely. If your work involves more complicated properties, Investment Analyst Pro will do the job. It handles CAM, Fixed Pass-throughs, Operating Pass-throughs, Expense Stops and detailed lease proration. Learn more about Pro and Standard

We also recommend that you take a look at our Commercial Complete product. It includes all of the Investment Analyst features and and also a real estate database that can store detailed property information for listings and sales, photographs, and building construction data. With this additional data and Commercial Complete' word processing capabilities you can easily put together an entire portfolio for a property that is ready to present to buyers for their consideration and also ready to "take to the bank."

You can be sure that our real estate valuation software will assist you in representing both buyers and sellers more professionally. It will save you time and it will result in more listings and sales.

Investment Analyst is the income analysis software used by the pros - Real estate appraisers, Bankers, Assessors, and agents. Analyst is dedicated "real" software (not a spreadsheet template) that is designed to analyze all of the facets of a real estate investment. Don't waste your money on spreadsheet based "templates." If you are serious about investment property, you need serious software to assist you. Analyst is serious software that does all necessary calculations and prepares organized reports that document income, expenses, downpayments, and cash flows. These reports are easy to understand and can be "taken to the bank."

Most important, Investment Analyst develops the "capitalization rate." This rate is critical to a good analysis and you cannot just pull it out of thin air. The rate varies, depending upon many factors - all of which Investment Analyst takes into account. These factors include the investor's required rate of return, the interest rate on a mortgage, projected growth rates in income and expenses, and more.

Investment Analyst allows you to easily do "what if" analysis. What if future income and expenses grow at 1%, 2%, 3% ? What if the mortgage rate is 7%, or 8%, or 9% ? What happens if real estate taxes are $10,000 per year instead of $6,500 per year? With Analyst, it is easy to change any assumption in the pro-forma and instantly know its effect upon value. This is critical to making good real estate investment decisions.

As our logo says: "The Expert is in the Software."

And we will not leave you hanging with a software program you do not understand. The experts at Financial Masterplan, Inc. understand the software and real estate investment. Telephone and email support are available.

If you have any questions before you order, please call us at 1-800-884-1630 or email us at reb@dcfsoftware.com. We look forward to helping you on the road to successful real estate investing.

Thank you.