Navigating the property investment world can be tricky, but knowing your real estate equity is essential. Equity is the difference between a property’s current market value and the debt owed on it, and it’s a key measure of your investment’s health.
On the Property Tank dashboard, you can track the equity position and LVR of your entire portfolio, as well as the equity of each portfolio and individual property, giving you full oversight at a glance.
Where do the figures come from?
TaxTank uses a straightforward two-part method to streamline the whole process:
Live Bank Feeds
Link your loan accounts directly from your bank to your properties. When assigning a loan, make sure it reflects the total loan amount for the property, not just your personal ownership share. For example, if a property has a $500,000 loan and you own 50%, the loan should still be allocated as 100% to that property. Your ownership percentage is only used later for tax calculations. This setup ensures your equity numbers are accurate. Figures update in real time, so you’re always working with the latest numbers.
Growth Forecast
Property Tank uses historical growth rates from CoreLogic to show potential property value increases over the next decade. The equity forecast is displayed in an easy-to-read graph that updates annually. If you have new appraisals or valuations, you can manually update a property’s market value from the equity tab to keep your projections accurate.n.
💡 Note: Equity is calculated on the full property amount. Ownership percentages are only used for tax purposes.