Further development, production preparation and testing of the newly developed framework in Java.
Subject description
Valuation for real estate. The application covers the actual profitability calculation (capitalized value), as well as master data management and simple HTML-based or MW Word-based reporting. The profitability calculation is based on a customer-specific standard. Essentially, the profitability of a property is identified by means of an analysis based on a fixed ten year runtime. Heuristic assumptions are made for rental occupancy or other use of the property. Typical parameters for determining the value of real estate (location-specific, broker's commission, etc.) are identified and are included in the actual calculation. The application also supports the decision-making process about whether to buy real estate or not. Graphical formatting can be used to visualize the analysis (specifically: the rental trend) and simulations can be created by varying the inbound parameters.