Profit Prophet:
Profit Prophet will not only keep you focused and on track, it will help guide you towards the best strategy for each individual property. With built-in, sophisticated calculators that auto-populate with the property data being analyzed, this program can automatically determine which strategy can help you make the most money. Profit Prophet also shows you all the behind-the-scenes assumptions that go into creating the output, so that you can customize the calculation assumptions should you choose to do so. And don’t worry, if you get in over your head, you can simply click on the “default” button and all the original formulas will re-populate. Profit Prophet saves you all the time and aggravation so you can get back to writing contracts!
Profit Prophet Tools:
- Financial Data – Allows customization of any of the figures used in the “Profit Prophet” tools to get the most accurate calculations
- Financial Analysis – Helps quickly determine which of three integrated strategies (Wholesaling, Fix and Flip, and Buy and Hold) is/are best suited for your transaction and assists in establishing the best offer price to help ensure a successful transaction
- Buy and Hold Summary – Provides an overall picture of how a Buy and Hold strategy might evolve over time, including which properties are best to sell quickly and which will prove most profitable in the long term
- HUD Data – Allows customization of any of the figures used to generate your HUD-1 form
- HUD-1 - Generates a HUD-1 form effortlessly to help you put a professional purchase offer on the table
- Buy and Hold Performance – Populates a detailed spreadsheet containing information on how a subject property will perform over time
- Buy and Hold Amortization - Demonstrates how the loan relative to each payment and assumed appreciation affects investment performance