tour-1-gn.png

LOG IN

To begin using IncomeWorks, sign on at the log in screen:

 
2screenshot 1 19-6 aspect ration .png
 
 

You will be directed to the Home / Welcome screen.


tour-2-gn.png

select NEW PROPERTY

The menu bar on the Home / Welcome screen offers several choices; two are designed specifically for modeling a property: New Property & View Saved Reports.

 
2ss-2.png
 
 

Select New Property to get started modeling and then click where indicated to continue.


tour-3-gn .png

select PROPERTY TYPE

Scroll down inside the Property Type Tree box, or use the Category Helper, to see what Property Types are available. We customize the Property Types to your market.

2ss-3.png
 

After selecting your property type, you will be asked to name your profile and then SUBMIT.


tour-4-gn .png

enter PROPERTY INFORMATION

On this screen, enter the information and then SUBMIT.

2ss-4.png

RANK your PROPERTY

Next you are able to rank your property using property specific questions. Every property type has its own ranking screen.

 
2ss-5.png
 
 

To change the rankings from the default Average selections, simply click and highlight your choice.


tour-6.png
 

COMPLETED PROFILE

That's it! You've just seen the steps required to model a property using IncomeWorks. Take a look at a partial view of a completed basic Evaluation Report.

3ss-6.png
Here's what you get, just on a basic Evaluation Report
  • The Final Evaluation Estimate (total, income based, and market specific)
  • Detailed Projection of NOI (Net Operating Income) showing the math
  • Summary of Basic Data about the property
  • Summary of Basic Information (user, name, year modeled, etc.)
  • Summary of Ranking Selections
  • Summary of Economic Indicators (rent, vacancy rate, expenses, overall cap rate)

A completed Evaluation Report can also contain:
  • Results of Comparison to Cost, Sale Price, etc.
  • Separated Components (land & improvements)
  • Personal Property Allocation (select property types)
  • Tax Factor Method Summary
  • Obsolescence Summary
  • More!

For more information, or to get a password to view the demo version, email us at
info@incomeapproach.com