Produce an application that meets the following requirements: Accepts end-user inputs for a required...

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Finance

Produce an application that meets the following requirements:

  • Accepts end-user inputs for a required set of values
  • Calculates the expected income/expenses totals, monthly cash flow and annual Return on Investment for a real estate property.
  • Form to automate data entry and includes protected cells and formulas. Should not accept bad data such as a number in the property name. User should get an error with an example of how to enter the data.
  • Produces output based on the resulting calculations. This output should be clearly formatted for printing (printer or PDF document).
  • User has an option to save the output to a table (on a separate worksheet) for later reference and comparison. HINT: The macro must output data to the next available row, it should NOT overwrite any data.
  • Macros and buttons as necessary.
  • Workbook should open to the documentation worksheet.
  • Documentation worksheet must contain name, purpose, date and instructions.
  • Clear user input buttons on the documentation worksheet that take the user to the data input form (form should NOT be on the documentation worksheet)

Minimal worksheets:

  1. Documentation
  2. Data input form
  3. Data table sheet [Worksheet must be tested and therefore data table should have a minimum of 3 saved properties].
  4. Extra credit: Output reports (on a separate worksheet) that provides clear comparison of various investment. For instance a table that shows varies the purchase amount and interest rate.

Required INPUTs:

  • Property Name and address
  • FINANCING: Property Purchase Price, Down payment amount, Interest Rate, Term of Loan.
  • INVESTMENT COSTS: Closing Costs, Furnishings/Appliances, Improvements.
  • INCOME: Rental Income, Vacancy Allowance
  • EXPENSES: Property Taxes, Home Insurance, Repair Costs, Water, Gas/Electric
  • RETURN ON INVESTMENT: Anticipated Resale Value, Years Property Held

Required calculated OUTPUTs:

  • FINANCING: Mortgage (Amount Borrowed), Mortgage Payment
  • INVESTMENT COSTS: Total Amount Invested.
  • INCOME: Monthly Rental Income (after Vacancy Allowance)
  • EXPENSES: Annual Mortgage Payments, Annual Expenses, Total Annual Expenses
  • CASH FLOW: Average Property Cash flow (Monthly Income minus Monthly Expenses)
  • RETURN ON INVESTMENT: Total Income Realized during Years Held, Annual ROI (Resale Value + Total Income Realized minus Total Amount Invested divided by Number of years Held).

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