Property Investment Analyses Software is nothing short of brilliant. Do what most people either can't, don't or won't! While you could visit your accountant every time that you think you have found the right property to buy as an investment, now you just don't have to. Why when you can achieve the same if not better figures yourself. Plus your accountant will happily charge you $200 or so for the privilege.

Simply run the investment property figures through some 'brilliant' software in less than 60 seconds and you'll achieve the same thing. If the financial figures don't compute, simply move to the next property.

What figures? The figures of depreciation allowances that are inherent with any investment property. That's not to say that any investment property is good. Far from it!

Some properties that our heart tells us would be a great little investment can be more than twice as expensive to run compared to a property that we could have bought and possibly right next door.

Now a mistake like that could cost you literally thousands through extra payments let alone the opportunity cost of not being able to invest in another property sooner because your commitments to your first property are far higher than they should be.

Now this is just so easy to avoid, although don't ask you average home selling real estate agent. They have a job to do and it's not about saving you on the running costs to hold onto the wrong investment property.

The answer is a click away. Yes Property Investment Analyses Software that you download in seconds and presto, simply enter all the self guided figures and click your answer to every thing except the cost of sliced bread.

It will input and calculate variables such as: Upfront property costs, Mortgage amount, Rent return, Interest on any type of loan and your Repayments, Yearly property expenses, Construction costs (default), Value of fixtures and fittings (default), Your TAX rate, Pre tax cash flow before depreciation and Tax benefits are also taken into account, Pre tax cash flow, Building allowance, Fixtures and fittings (default),

Yes the Property Investment Analyses Software costs money to buy (not much) but enter just one property calculation and it will immediately pay for itself by identifying a good or terrible possible purchase, (figuratively speaking). If you still really want a second opinion from your accountant or financial advisor simply print out a report and take, fax or email it to them.

It's not only a money saver, it's a wealth builder.

When you can quickly and easily uncover the real costs of buying the wrong property and identify the one that you actually should buy using a computer in 60 seconds or less, it forces you to think like a professional investor.

That means the numbers must do the talking and not the heart no matter how cute the back yard is or how beautiful the quaint bathroom is.

Yes, buy your home with your heart but never let it buy your investment property. You absolutely must buy investment property by the numbers. That doesn't exclude the WoW factor that your property should also have to give it that appeal to potential tenants. It's just that you don't want to have a negative WoW when you find out the true running cost of your newly purchased investment property.

Good property investment analyses software will then provide you a Financial Summary displaying all the input variables and give you a final weekly cost figure.

There is a CAUTION when you use any property investment analyses software however. It will only calculate on the figures that you put in. And while the default program is pretty good, as always seek financial advice when you think you have narrowed down your choices.