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KEL system improved

KEL Computing have recently completed a cash flow option to enhance its development valuer programme, as part of their policy of continuing development to meet the increasingly complex requirements of the property industry.

Features of the new system include the ability to convert a residual appraisal to a cash flow; monthly costs may be edited for each major cost group; and interest rates may be changed monthly. In addition, the programme accommodates up to two loans over differing periods and at different interest rates, and users may calculate Internal Rate of Return (IRR) or IRR on net equity.

Using the KEL system a development appraisal can be edited in cash flow mode rather than residual mode, so that results of changes may be seen immediately on a cash flow basis. The programme allows a variety of assumptions regarding VAT recovery and payments. Finally, printed reports include monthly cash flows and a summary of cash flow.

Further information from KEL Computing, 12 Eghams Court, Boston Drive, Bourne End, Bucks SL8 5YS (0628 819090).

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