Produce an application that meets the following requirements: Accepts end-user inputs for a required...
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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:
Documentation
Data input form
Data table sheet [Worksheet must be tested and therefore data table should have a minimum of 3 saved properties].
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.
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).
Answer & Explanation
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