Introducing BMT PropCalc, the ultimate tool for property research and cash flow analysis. Whether you're looking to buy a home or invest in a property, this app is a game-changer. Say goodbye to complicated spreadsheets and guesswork. PropCalc calculates the real cost of owning a property, taking into account expenses like interest, stamp duty, insurance, and maintenance costs. It even factors in potential rental income and depreciation claims.

Features of BMT PropCalc:

⭐ Customized Data: It uses personalized data to determine the after-tax holding cost of any property. Unlike generic mortgage calculators, it takes into account various expenses such as interest, stamp duty, deposit amount, insurance, council and property management rates, body corporate fees, repairs, and maintenance costs.

⭐ Rental Income Calculation: This app factors in the potential rental income of the property. It considers the number of weeks rented, annual income, and any available depreciation claims from income-producing properties. With this information, you can accurately assess the true cost of owning a property and its impact on your cash flow.

⭐ Free to Use: It is completely free to use. You can access all its features without any cost. It is a valuable tool for anyone who wants to determine the financial feasibility of homeownership or property investment.

Tips for Users:

⭐ Input Comprehensive Data: To get accurate results, ensure that you input all the relevant information about the property and your financial situation. This includes details about expenses, rental income, and potential tax benefits. The more accurate the data, the more precise the calculations will be.

⭐ Compare Properties: It allows you to save and compare multiple properties. Take advantage of this feature to assess the financial viability of different investment options. Compare the cash flow projections, return on investment, and potential tax benefits to make informed decisions.

⭐ Register with MyBMT: Although PropCalc is free to use, registering with MyBMT, a free online portal, offers additional benefits. You can save and manage your property data, access detailed reports, and make use of the depreciation and investment property management tools provided by MyBMT.

Conclusion:

BMT PropCalc goes beyond a simple mortgage calculator. It enables users to accurately determine the after-tax holding costs of a property and assess how it will affect their cash flow. By considering various expenses and potential rental income, it provides a holistic view of the financial aspects of property ownership. With features like personalized data input, property comparison, and integration with MyBMT, users can make well-informed decisions about homeownership and property investment.