Lendlord has launched a property deal analyser tool to help landlords evaluate potential purchases.

The rental portfolio management firm says the new calculator will also help landlords assess the performance of their existing portfolio.

The analysis function will provide key metrics such as net annual cashflow, yield, return on investment, debt coverage ratio and many other measures as well as allowing landlords to input their own long-term assumptions about house price growth and rental inflation.

The tool integrates with Lendlord’s Mortgage Engine to show landlords which deals are likely to be available to them for new acquisitions based on their current profile. 

Landlord co-founder and chief executive Aviram Shahar says: “We are very excited with this new release that will help landlords and property investors to get the right view on what should be their next step, based on an enhanced analysis and data rather than intuition.

“We believe that a thorough analysis of deals is important now, more than ever, as risk has been amplified through the impact on the property market of Covid-19.”

“Landlords should adopt a digital first approach to help mitigate this risk through the use of tools like the Lendlord Deal Analyser.”