The Home Financial Modeler application is a budgeting and calculator tool for residential real estate anywhere in North America. It models the sale of an existing property, and/or the estimated purchase, carrying costs, revenue generation, and return on investment for a new property over a fixed period of time.
HFM is useful when residential property is being:
- Sold
- Purchased as a primary or investment residence; or
- A combination where the owner is purchasing a primary property but is considering renting out part of the property to generate revenue.