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:


Afterrepaired 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 1117 added together)

19

NET PROFIT:


Sales price – total costs





20

CashonCash return (yearly)


Net profit / initial capital

21

CashonCash return (4 mos)


Line #20 multiplied by 3 (for four months)
