product review of the Property Evaluator real estate investment software.


Key takeaways

  • Property Evaluator REI is a real estate investment app created to make real estate investment simple.
  • The app is supported by Apple and can be downloaded onto iPhones and iPads.
  • While the Basic plan is free, there is a Pro plan available that starts at $19.99 per month.
  • Property Evaluator is a robust real estate investment calculator, but you should always compare several alternatives before making a decision.


Investing in real estate can be a profitable venture, but it also comes with its own share of risks. And while investment in real estate will always have some level of risk associated with it, there are tools like real estate investment software that you can use to minimize risk as best as possible. One such tool is Property Evaluator, which has become valuable for property investors looking to do a more thorough property analysis before putting forward an investment.

But is Property Evaluator truly the best real estate investment software out there? We’ve put together this comprehensive review to help you understand if Property Evaluator is the right choice for you.

This post covers the following:


About Property Evaluator

Property Evaluator is a real estate investment tracker developed to help real estate investors research potential properties more efficiently. It’s available as an app on iOS and provides valuable information and features for investors researching specific properties.

Information and features of the app include:

  • Information about a property’s specific financials.
  • Analysis of past performance and multifamily real estate trends in the property’s area.
  • Property maps.
  • Built-in mortgage calculator with payment schedules.
  • Supports both U.S. and international currencies.


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How Property Evaluator real estate investment software works

Property Evaluator is a real estate investment calculator that analyzes key real estate data. Prospective investors can use apps like Property Evaluator REI (real estate investment) calculator when evaluating whether to invest in a property, as it provides powerful analysis and information that enables better decision-making.

Property Evaluator is able on Apple devices like the iPhone and iPad.

The app works in just three steps:

  1. First, enter basic information about the property.
  2. Then, the Property Evaluator app will calculate performance projections using historical property data and current area trends.
  3. Finally, you can use this information to compare different types of properties and identify whether a property is the most suitable investment option for you.

What’s more, you can also email a professional PDF report to your clients, lenders, or investment partners.



  • App-based, so there is no need to download anything onto your computer.
  • Fast and easy to use while on the go.
  • Includes analyses of the cap rate, return on investment (ROI), and cash flow management. So, there’s no need for complicated spreadsheets.
  • Uses current market trends and historical data for analysis.
  • Lets you view a map of the property.
  • Ability to store property photos on the app.
  • Built-in mortgage calculator.
  • Generates professional PDF reports that can be emailed or printed to provide to others.
  • Customization options to tailor PDFs and files with business information.


Property Evaluator pricing

Basic Property Evaluator is free via the Apple App Store for iPhones and iPads. However, a pro plan is also available as an in-app purchase starting at $19.99 per month.


Real estate investing requires plenty of work which can be alleviated by a real estate investment software


Pros & cons


  • Simple and user-friendly experience.
  • Good report structure that’s easy to personalize as needed.
  • Clean and professional PDF generation.
  • A wide variety of analysis tools are available.


  • The PDF report feature can often be buggy and does not always work.
  • Depending on the plan you opt for, you may be limited to evaluating one property rather than multiple properties.


Check out the ButterflyMX guide to getting started in multifamily real estate investing:


Should you get Property Evaluator real estate investment software?

Property Evaluator REI is a powerful app with various beneficial features for certain types of investors. So, if you’re a new investor looking for flexible, accessible software for beginner real estate investors, then the app may be a great fit.

However, the Basic plan lacks many functionalities needed for more in-depth investment information, which may be a barrier for some. As a real investment calculator, Property Evaluator has very useful features, but it may lack many of the more complex functionalities that experienced investors may need.


Alternatives to Property Evaluator

While Property Evaluator is a robust estate investment calculator, there are many options worth considering.

TheAnalyst PRO is an analysis and marketing platform for commercial real estate. TheAnalyst PRO includes various features designed for commercial real estate investment, including lease analysis, location risk, and demographic information to help investors make the best investment decision possible.

FlipperForce is an all-in-one solution for house flippers looking to streamline their operations. It enables real estate investors to track leads, analyze deals, estimate costs, and include project management features. FlipperForce is an award-winning software with powerful capabilities to ensure real estate investors can manage everything related to flipping houses in a straightforward solution.


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Disclaimer: ButterflyMX provides these blog posts to help our customers and potential customers make the right business decisions for them. Our blog posts are based on the information we have available to us at the time of writing.

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Jeff Granger

I'm a native Texan and tech guru who is fascinated by technology's impact on the real estate industry.