CALCULATOR

Property address: __________________________________

1

Purchase price:

 

 

2

Rehab costs (“holdback”):

 

15% of purchase price

3

Total costs:

 

Purchase price + Rehab costs

4

Loan amount:

 

65% of ARV

5

Loan proceeds:

 

Loan amount – Rehab costs

6

Money to close:

 

Purchase price – loan proceeds

7

Loan costs (“Points”):

 

3% of loan amount

8

Closing costs:

1,000.00

Escrow and inspections

9

Initial capital:

 

#6 + #7 + #8




Sale Escrow:

10

Projected sales price:

 

After-repaired value (“ARV”)

11

Escrow costs:

 

1% of sales price

12

Realtor(s) commissions:

 

5% of sales price

13

Mortgage payments:

 

1% of loan amount x 4 months

14

Insurance:

 

$75 per month (average) x 4 months

15

Property taxes:

 

0.0011% of sales price x 4 months

16

Loan amount:

 

(see above)

17

Initial capital:

 

(see above)

18

Total costs:

 

(lines 11-17 added together)

19

NET PROFIT:

 

Sales price – total costs

 

 

 

 

20

Cash-on-Cash return (yearly)

 

Net profit / initial capital

21

Cash-on-Cash return (4 mos)

 

Line #20 multiplied by 3 (for four months)


 

 
 



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