iREI stands for iReal Estate Investment. It is a tool for analyzing potential rental properties as investments. Enter the property value, closing costs, monthly rental income and all other costs associated with running the property and iREI calculates your Annual Income, Annual Return on Investment, and Break Even Monthly Rental Income.
This is a useful tool for real estate agents who want to show buyers these statistics on the fly while at the property or to make these calculations quick and easy any time! Email the results to yourself or your client with the click of a button! Also great for personal use!