BMT PropCalc

BMT PropCalc is the ultimate app for anyone looking to purchase a property or invest in real estate. With this powerful tool, you can quickly and accurately calculate the true cost of owning a property and how it will impact your cash flow. The app goes beyond just a mortgage calculator, taking into account a wide range of expenses such as interest, stamp duty, insurance, maintenance costs, and more. It even factors in potential rental income and depreciation claims to give you a comprehensive financial analysis. Best of all, the app is free to use, but for an enhanced experience, you can register with MyBMT, an online portal that helps you manage your property investments and access additional features. Don't miss out on unlocking the full cash flow potential of your investment - download the app today!

Features of BMT PropCalc:

❤ Accurate and Customized Calculations: The app goes beyond just being a mortgage calculator. It uses personalized data to determine the after-tax holding cost of any property, taking into account various expenses such as interest, stamp duty, deposit amount, insurance, council and property management rates, and more. This ensures that you get precise calculations tailored to your specific situation.

❤ Comprehensive Expense Consideration: Unlike other calculators, the app factors in a wide range of expenses that may come with owning a property. It considers not only the obvious costs like mortgage repayments but also accounts for potential rental income, number of weeks rented, annual income, and any depreciation claims available from income-producing properties. This comprehensive approach gives you a realistic view of the true cost of owning a property.

❤ User-Friendly Interface: The app features a user-friendly interface, making it easy for anyone to navigate and input their financial information. The app provides clear instructions and prompts, ensuring that you accurately enter all the necessary data for accurate calculations. With its intuitive design, even those who are not familiar with property investment can easily use the app for their research.

❤ Integration with MyBMT: The app offers seamless integration with MyBMT, a free online portal that helps users manage depreciation and investment property needs. By registering through MyBMT, users can save and compare properties, as well as access detailed reports. This integration provides users with a comprehensive solution for managing their property investment journey.

Tips for Users:

❤ Gather Accurate Financial Information: To get the most out of the app, make sure to gather all your financial information beforehand. This includes details about your income, expenses, potential rental income, and any tax deductions you may be eligible for. By inputting accurate data, you can obtain precise calculations that will help you make informed decisions.

❤ Explore Different Scenarios: Use the app to explore different scenarios and assess the financial impact of various factors. For example, you can input different interest rates, rental incomes, or holding periods to see how they affect your cash flow. This allows you to compare different properties or investment strategies and choose the one that aligns with your financial goals.

❤ Save and Compare Properties: Take advantage of the integration with MyBMT and use the app to save and compare different properties. This feature enables you to easily track and analyze multiple properties, helping you make side-by-side comparisons and choose the most financially viable option.

Conclusion:

BMT PropCalc is an indispensable tool for anyone embarking on their home ownership or property investment journey. It offers accurate and customized calculations, considering a wide range of expenses and potential rental income. With its user-friendly interface and integration with MyBMT, the app provides a seamless experience for managing your property research and cash flow analysis. By utilizing the playing tips, users can maximize the app's features and make well-informed decisions. Whether you're a seasoned investor or a first-time buyer, the app is the go-to app for understanding the true cost of owning a property. Download the app today to start your property research journey with confidence.