Nimblr: Bonded Investment Property Calculator
Nimblr is a free Chrome add-on developed by wshilumani. It is a handy tool for property investors, specifically in South Africa, as it helps in calculating the financial aspects of bonded investment properties.
This calculator takes into account various hidden costs such as transfer and registration costs, rates & levies, maintenance, insurance, and management fees. By considering these expenses, Nimblr provides a more accurate and realistic outlook on how your property investment would work in South Africa.
With Nimblr, you can easily access the figures that matter. It allows you to view your monthly cash flow, year 1 annual return, and year 2 annual return and return on investment.
What sets Nimblr apart is its ability to take hidden costs into consideration. You can adjust your deposit, interest rate, loan term, rates, levies, capital appreciation, and more to get a comprehensive understanding of your investment.
Moreover, Nimblr is supported on major South African property sites like Property24 and PrivateProperty. This makes it convenient for users to access bonded investment property calculations directly on these platforms.
Overall, Nimblr is a valuable tool for property investors in South Africa, providing them with accurate financial calculations and a realistic perspective on their investment.