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BMT PropCalc

Size： 8.00M
Versions： 2.3.1
Updated： Sep 14,2024

Introduction

BMT PropCalc is a game-changing app that every property researcher needs in their arsenal. Whether you're taking the first step towards home ownership or diving into property investment, this app is here to help. It goes beyond just being a mortgage calculator by providing a comprehensive assessment of the real cost of owning a property and how it will impact your cash flow. From interest and stamp duty to insurance and maintenance costs, the app takes into account all the expenses associated with property ownership. Not only that, but it also factors in potential rental income and depreciation claims. Best of all, it's free to use! For an even better experience, register via MyBMT, an online portal that helps you manage all your depreciation and investment property needs.

Features of BMT PropCalc:

⭐ Comprehensive Property Cash Flow Calculator: The app is more than just a mortgage calculator. It goes beyond typical calculations and provides a holistic view of the real cost of owning a property. By using customised data, it determines the after-tax holding cost of any property, taking into account a range of expenses such as interest, stamp duty, insurance, and more.

⭐ Accurate Rental Income Projection: The app factors in potential rental income, number of weeks rented, and annual income. This allows users to have a clear understanding of the potential returns on their investment property and make informed decisions.

⭐ Consideration of Depreciation Claims: The app also takes into account any depreciation claims available from income-producing properties. This feature helps property investors maximize their tax deductions and reduce their taxable income, ultimately saving them money.

⭐ User-Friendly and Free to Use: The app is designed to be user-friendly and accessible to all. The app is free to use, providing users with a valuable tool for property research without any cost.

FAQs:

⭐ Is the app only for mortgage calculations?

No, the app is much more than a mortgage calculator. It takes into account a wide range of expenses and factors in rental income and depreciation claims to provide a comprehensive understanding of the cash flow of owning a property.

⭐ Can I save and compare properties on the app?

Yes, you can save and compare properties on the app. However, to access this feature, you'll need to register via MyBMT, a free online portal that helps you manage depreciation and investment property needs.

⭐ What is MyBMT and why should I register?

MyBMT is an online portal that offers additional features to enhance your property research and management experience. By registering, you can save and compare properties, access reports, and manage depreciation and investment property needs more efficiently.

Conclusion:

BMT PropCalc is the ultimate property cash flow calculator that goes beyond traditional mortgage calculations. With its comprehensive approach to expenses, rental income projections, and consideration of depreciation claims, users can make well-informed decisions about property ownership and investment. The app is user-friendly and free to use, making it accessible to all. By registering via MyBMT, users can unlock additional features and maximize the benefits of using the app for their property research and management needs. Start using the app today and take the first step towards successful property ownership or investment.