BMT PropCalc

Introducing BMT PropCalc app, the ultimate tool for property research. Whether you're a first-time homebuyer or an experienced investor, the app is essential in assessing your finances and understanding the real cost of owning a property. Unlike other mortgage calculators, the app goes beyond just loan repayment calculations. It takes into account a variety of expenses such as stamp duty, insurance, maintenance costs, and potential rental income. With customised data and advanced features, the app provides accurate after-tax holding costs and helps you make informed decisions. For the best experience, register via MyBMT, a free online portal that helps you manage your depreciation and investment property needs. Start maximizing your cash flow potential with the app today.

Features of BMT PropCalc:

* Essential Property Cash Flow Calculator: The app is not just a simple mortgage calculator, but a comprehensive tool that helps you determine the real cost of owning a property. It takes into account various expenses such as interest, stamp duty, insurance, council rates, and maintenance costs, allowing you to accurately assess your holding costs.

* Customized Data: The app uses personalized data to calculate the after-tax holding cost of any property. This means that the calculations are tailored to your specific financial situation, providing you with accurate and reliable information.

* Rental Income Calculation: In addition to expenses, the app also factors in potential rental income. By entering details such as the number of weeks rented, annual income, and any available depreciation claims, you can get a clear picture of how the property purchase will affect your cash flow.

* Free to Use: The app is completely free to use, giving you access to its powerful features without any cost. However, for a more enhanced experience and to save and compare properties, as well as access reports, you can register via MyBMT, an online portal that helps you manage your depreciation and investment property needs.

FAQs:

* How does the app determine the after-tax holding cost of a property?

The app uses customized data, taking into account various expenses such as interest, stamp duty, insurance, council rates, and maintenance costs. By factoring in these costs and deducting potential tax benefits, it provides an accurate estimation of the after-tax holding cost.

* Can I consider potential rental income in my calculations?

Yes, the app allows you to enter details about the property's potential rental income, including the number of weeks rented, annual income, and any available depreciation claims. This helps you understand how rental income will affect your cash flow.

* Is the app completely free to use?

Yes, the app is free to use. However, to access additional features such as saving and comparing properties, as well as accessing reports, you can register via MyBMT, a free online portal.

* Can I trust the calculations provided by the app?

The app uses personalized data and takes into account various factors to provide accurate calculations. It is designed to give you a clear understanding of the costs and benefits of owning a property. However, it is always recommended to consult with a financial advisor or tax professional for personalized advice.

Conclusion:

BMT PropCalc is the ultimate tool for anyone involved in property research, whether it's for home ownership or property investment. Its comprehensive features, including the ability to calculate after-tax holding costs, factor in rental income, and access personalized data, make it a valuable asset in making informed decisions. And the best part is that it's completely free to use. So why wait? Download the app today and take the first step towards understanding the real cost of owning a property.