BuyerMgr for Palm

“APOD for Palm” was developed so Real Estate Agents could automatically generate an Annual Property Operating Data (APOD) analysis, along with a Cash Flow Analysis and the following commercial property analysis tools: Cap Rate, Cash on Cash Return, Debt Coverage Ratio, Gross Rent Multiplier, Loan-To-Value, and Net Income Multiplier. “APOD for Palm” will calculate Effective Rental Income, Gross Operating Income, Net Operating Income, Cash Flow Before Taxes, and Cash Flow After Taxes. It will also calculate Present Value, Net Present Value, and the Internal Rate of Return (IRR).

It is emphasized that “APOD for Palm” allows anyone to easily and quickly perform commercial property analyses! You don’t need to know any formulas, carry around data sheets, or use a calculator. This Palm program will do all of the calculations for you as you tap the “Calc” button on the bottom of the appropriate pages. This program includes In-Hand’s “Tap Magic” feature, in which you tap on the text associated with filling in a field and are told what information to fill in, or when the program calculates the information, what that information is used for. Other features include: Save To Memo; popup mini-calculators for both calculations and data entry; and the “In-Hand Expansion Pack”, which contains Buyer Checklist, Seller Checklist, Contacts, Showings, and Commission Tracker programs.

“APOD for Palm” saves all of your analyses until you specifically delete them. This allows you to compare multiple properties and scenarios. And, ALL of your analyses are with you in your Palm – whether you’re in your office, your car, in the field, etc.

With “APOD for Palm” you won’t miss any items when talking with clients, since the program is designed to serve as a checklist, as well as being logical and intuitive.


When you first tap on the APOD icon on the main menu screen, the “About APOD” screen appears. If you have purchased APOD you will have received a registration code. Tap the “Register” button.	A Registration form will appear next. On the top line, your “Hotsync ID” will automatically be shown. On the bottom line, enter the registration code you received from In-Hand	If you enter an incorrect registration code the above screen appears.

If you enter the correct registration code you will receive the above screen. Tap on the “OK” button to go into “APOD”. It is noted that as long as you retain the same Hotsync ID you will bypass the previous steps.	This is the first screen of APOD. Tap anywhere on the graphic and you will enter the data collection portion of the program.	The “Records” screen is scrollable vertically and horizontally. To select an existing record, top on the line of that record.

Scroll one column to the right to see the “Type of Property.”	Scroll again to the right to see the “Property Address.”	Another scroll to the right and the “City” and “State” are shown for each listed record.

The screen above shows the result of scrolling down.	Each property will have a separate record. For our example we will select “Kensington Arms” from the “Records” screen.	If you are unsure of what information to enter within a field, tap on the text associated with the field. In this case, we tapped on “Name”. This will result in a “Tap Magic” screen appearing, which provides directions.

Now, tap on the word “Conversion” at the bottom of this form.	This program has a “Beam” function, which will send records to another Palm handheld if the user has the same program. This is a useful feature for assistants and when the user will be out of town.	The “Comments” screen is used to select the date of the analysis, the purpose, any comments, and a File Name. Records will be saved in the Palm Memo Pad by the File Name and Analysis Date.

The “Values” screen calculates the amount of the initial investment, and the total and percent breakout of parts of the property. Tap on the “Calc” button each time new data is entered or changed on a form.	For easy numeric data entry, or to perform calculations for field input, tap on the “Dollar Sign”. In this example, we selected the dollar sign after the “Price”.	Not knowing what was to be entered in the “Imprv” field, we tapped on that word for directions.

The next screen is for entering mortgage information, and can be used for both the primary and a second mortgage. If the “Copy” button at the top of the form is tapped, the “Mortgages” amount from the previous form will be moved to the “First Mortgage”.	The next screen provides mortgage information from the previous form, as well as calculations for Debt Service and Interest.	The “Income” form calculates Effective Income and Gross Operating Income (GOI) from this property.

Tap on the “Other Income” text.	Tap on the “Gross Operating Income” text.	The next series of forms will collect annual operating and utility expenses for the property being analyzed.

Operating Expenses are collected on this and the previous form. Tap the “Calc” button at the bottom of each form after entering or changing data.	The Utilities are entered onto this form. Remember to use “Tap Magic” if you are unsure of what to enter.	The Operating Expenses form collects all expenses and utility costs on the property, and then derives the Net Operating Income (NOI) for the property.

Tap on the “Net Operating Income” text.	The “Taxable Income” form shows that data fields populated by the program “are not underlined”, while those fields requiring entry by the user “are underlined”.	The “Cash Flow” form calculates Cash Flow Before Taxes, Cash Flow After Taxes, and Depreciation on the property.

The program’s “Analysis” form recaps the property’s GOI and NOI, as well as calculates other analysis tools.	After entering the Annual Projected Percent Increase, the “Projections” form will calculate five years of projections for Gross Revenue, Expenses, and Property Value.	The “IRR” form can be used to determine Net Present Value. You can either fill in the information you want to evaluate, or tap on the “Copy” button to copy Principal, Interest Rate, Loan Term, and Monthly Payment data from the “Mortgage” form.

Tapping on the Menubar’s Help menu shows the above options, which we’ll look at in more detail. First, if you want to save your record, tap on “Save To Memo” which will move your data to your Palm’s “Memo” function.	After saving the data, you may retrieve it by clicking on the “Memo” icon on your handheld’s Main Screen. The program is designed to save memos by the name “APOD” and the date of your analysis. Tap on the record.	The next three screens will show the type of information saved to your Palm’s Memo Pad.

Being within your Palm’s Memo Pad, your records will automatically save to your PC’s Palm Desktop program. Here you will be able to print out your records directly from your PC.	You may also use your Palm’s Memo Pad function to name categories for your records if you so choose, and to modify saved records. You can also beam saved records on your Palm and print them by beaming to IR printers (with appropriate third-party software).	APOD includes the “In-Hand Expansion Pack” - five programs, as shown above. To go to any of these programs, tap on it’s menu name. Whenever you are finished with the program, tap on your Palm’s “Silkscreen Menu Icon” (upper left) and you will return to the form you were in within APOD.

Please note that the statements, figures, and formulas used within this program and example, while not guaranteed, are obtained from sources believed to be authoritative. “APOD for Palm” is designed to allow the user to rapidly and accurately generate Annual Property Operating Data, Cash Flow, and IRR for analysis purposes. Data should be thoroughly checked prior to using this information to enter into a commitment with clients. While this program estimates tax information and property analysis results – it is not a substitute for CPA’s and other professionals in dealing with financial matters on property analyses.