Real Estate Investment Analysis (REIA) is income-property investment analysis software for all who deal with commercial or residential income properties: individual and institutional investors, developers, brokers, appraisers, lenders, attorneys, accountants, portfolio managers, financial planners, builders and architects.

REIA allows you to produce a comprehensive 20-year projection for any type of commercial or residential income property, and construct anything from a simple and straightforward analysis to a highly sophisticated investment and partnership scenario.

A detailed and flexible Annual Property Operating Data (APOD) worksheet allows you to project up to 23 individual line-item expenses, pass these expenses through to tenants and report the results in total dollars, dollars per square foot and dollars per unit.

The Cash Flow and Resale Analysis module allows you to enter assumptions about the purchase, financing, resale, taxes, and operation of the subject property and to use this information to project the before- and after-tax benefits of ownership and resale. You can then let the program carry the before-tax data through to help you model a comprehensive partnership analysis.

Our redesigned Commercial Income module handles more than 1,000 commercial units; new wizards makes it easy to add and edit units and to enter assumptions about lease rollovers. A separate Basic Income module lets you work with apartment, mixed-use properties and simpler commercial properties. Make projections about current and future rent income for individual units or groups of units.

Included within the software are detailed income and expense projections, before- and after- tax cash flow calculations, IRR, MIRR, PV, cap rate and other ROI measurements.

This latest release of our most popular product is even easier to use than before, while offering substantially greater functionality.

REIA is a single Excel workbook comprised of multiple, integrated modules and driven by more than 10,000 lines of VBA programming code:

• General Property Information
• Quick Analysis
• Basic Income Summary
• Commercial Income Summary
• Annual Property Operating Data (expenses)
• Cash Flow and Resale Analysis
• Partnership Analysis
• Lease vs. Buy Analysis
• Sensitivity Analysis
• Loan Amortization
• Graphs
• Advanced Features, including Historic Rehab Tax Credit
• 19 presentation-quality reports, including our popular Real Estate Business Plan and new Executive Summary

Cashflow and Resale Analysis Key Features:

• adjustable or fixed-rate financing, interest-only, negative amortization,
  assumed loans, refinance
  
• capital improvements
  
• vacancy and credit loss
  
• before- and after-tax cash flow
  
• amortization of loan points, fees and closing costs
  
• reserves against negative cash flows
  
• future refinancing of the property
  
• projected future value
• capital gain
  
• PV, cap rate, IRR, MIRR, debt coverage ratio, cash-on cash and more
  

Key features include:

• New Quick Analysis Mode. Complete a full “first pass” analysis of a property
  on one worksheet in 10 minutes or less. Save time and decide if the property
  merits a more in-depth analysis.
• 20-year analysis; most reports can be printed for a user-specified number of
  years
• Custom toolbar and menu make program features readily accessible.
• New Basic Income module lets you work with apartment, mixed-use and simpler commercial properties. Make projections about current and future rent income for individual units or groups of units.
• Redesigned Commercial Income module handles more than 1,000 commercial units; new wizards make it easy to add and edit units and to enter assumptions about lease rollovers. Here you can deal with mid-year escalations, pass-throughs, abatements, tenant improvements and more.
• New proprietary goal-seeking function, accessible directly from the REIA toolbar.
• New Quick Start Guide, Quick Help and Cell Notes. These notes make
  context-sensitive help available without leaving the worksheet. In addition, we
  have a detailed User's Guide accessible from the REIA menu.
  
• Version 14 introduces an entirely new look and feel – new color schema,
  clearer highlighting of data entry cells, clearer division of sections within
  program. Bold changes define a new era in property analysis while retaining
  familiarity for users of previous versions.
  
• Partnership Analysis now includes features not found in competing products. It can now handle multiple partners and allows greater articulation of capital
  accounts and partner allocations. Separate reports available for individual
  partners, all from single print dialog.
• This is a tax-sensitive program, and of course tax laws are subject to change. Whenever there is an update to this program -- for tax purposes or for feature enhancements -- we notify all registered users and give you an opportunity to upgrade at a discounted price.

Print reports at the click of a button or produce "PDF" report files readable by Adobe Acrobat®. These files can be easily attached to emails and shared with colleagues, lenders and clients.

• Use checkboxes in new print dialog to select any combination of reports – one or all
  
• Combine reports into a single PDF file
  
• Select the number of years to print
  
• Choose to print one or more commercial unit income details
  
• Choose to print partnership reports by one or any combination of partners.
  
• Direct printing to any printer or the included RealData PDF printer.

Reports include:

• Basic Income Summary
• Commercial Income Summary
  
• Annual Property Income Data (4 different reports)
  
• Cash Flow and Resale Analysis (3 different reports)
  
• Business Plan
  
• Executive Summary
  
• Amortization Schedules
  
• Partnership Presentation
  
• Partnership Analysis
  
• Sensitivity Analysis
  
• Rent Roll Report
  
• Lease vs. Buy Analysis for commercial property
  
• Graphs
  
• Quick Analysis

See also:

Screenshots and Sample Reports for the full picture.