The payment calculator in Prospektr is beneficial for homebuyers to calculate the monthly amount payable for a particular property. The values for the principal, interest, taxes, insurance, HOA fees, etc. for the property are available in this section. The home value and the down payment options can also be updated […]
The Prospektr AI bot analyzes every property in the country and assigns a Propensity to Sell score. The score indicates the likelihood of a homeowner selling their property in the next 6 months. The score is in the range of [0 – 100] and higher the score, higher the chances […]
Prospektr offers a fully automated financial analysis that includes a financial projection on any property for the next 30 years. In addition, the analysis is fully tweakable by you. When you initiate a financial analysis we build the model using data and insights we have derived for every market and […]
That is one of the most common topics that gets discussed in many social gatherings that get into a conversation on achieving that evasive goal of financial freedom. I am not going to preach any one way to achieve that but I will attempt to lay down some facts and […]
There are various terms used to define rental property income – operating income, gross revenue, cash flow, and taxable income – to mention a few. But what are these terms and what do they mean for a rental real estate investment? We will define these terms and try to explain […]
Real estate investments that meet the following two criteria help you grow your equity in the property without you contributing anything to the equity. You rent the investment property You take a mortgage to buy the property We will explain this using an example that compares ownership of a primary […]
The number of individuals investing in real estate has been on the rise since the mid 2000s as millennials have been considering alternatives to the stock market. The initial increase was fueled by the exuberant housing markets that later took a dive, but millennials have been returning to the real […]
We compute about 24 market indicators for every zipcode across the country including local analysis of inventory. Mortgage companies and appraisers depend on our insights to make valuation and mortgage underwriting decisions. So, we pride ourselves for the accuracy of these insights. To find these insights, you can start by […]
