Return Net of Realtors Commissions?

ChrisDavies

Frequent Forum Member
REIN Member
Feb 18, 2008
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Edmonton
#1
Hi Guys,

Just curious if the analyzer`s `Total Return Achieved` is intended to be a `net` number. I know that we can put #`s into the settings for Realtor commissions, but it dosen`t appear to be in the projections. I`ve got a very intelligent JV who pointed that out to me.

Cheers,

Chris
 

GarthChapman

Frequent Forum Member
REIN Member
Aug 30, 2007
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#2
Hi Chris,

That return assumes that you still own the property so no Realtor Commissions or other costs of sale are factured into it.

We have built you a new feature into the Analyzer that does what you are looking for - it is the Future Value tab. You can enter the expected costs of sale there, choose your projected sale date and it will calculate your cash received after paying off the mortgages and all sales costs, before tax.

We`ll look at maybe adding an ROI calculation to it later this year.

Hope that helps,