CalcLPM

CalcLPM is a financial calculator that makes US tax lease pricing easy. The app is ideal for equipment leasing professionals.

Leases: Accurately price and structure 95+% of all U.S. tax leases, including TRAC Leases, EBO Leases, and FMV Leases. Does not handle U.S. tax leases involving ITC or State income taxes, both of which are uncommon.

Yields: Calculates the nominal MISF After-Tax and MISF Before-Tax yields. Also calculates nominal Pre-Tax IRR yield for the before-tax cashflows. Accurate to within +/- 1 basis point of the industry standard pricing software. Yields can range from 0.00% to 20.00%.

Depreciation and Income Tax Profile: Includes (6) MACRS property classes w/ and w/o Bonus Depreciation. The straight-line method w/ and w/o salvage value is also included. First-year conventions include half-year, mid-quarter, and mid-month. Input any Federal tax rate or tax year-end month.

Assets and Lease Terms: Works for assets costing from $10,000 to $10,000,000. Residuals from 0% to 100% of the asset’s cost. Lease terms can range from 12 months to 12 years. Monthly, quarterly, semiannually, and annually payment frequencies are included.

Rent Structures: Model any rent payment structure from level, low-high, high-low, w/ and w/o interim rent. Payments can be made in advance or in arrears.

Targeting Capabilities & Statistics: Solve for Yield, Fee, Residual, Lessor’s Cost, and Unlocked Rentals. Calculates Inherent Profit, Average Life, & Payback. Implicit Rate and other accounting statistics included.

Fees and EBOs: Add a Fee or an Early Buyout Option to any investment. Calculate Fees as either an expense or as income. EBOs calculated as a spread over the full-term MISF after-tax yield. Again, accurate to +/- 1 basis point.

Termination Values & Reports: Altogether eight (8) standard and nine (9) termination reports are included.