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Buy Rehab Rent Refinance Repeat
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ARV $ 320,000.00
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Purchase Price $ 150,000.00 Variables
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Holding Time
Principal & Interest
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Lender Fee $ 5,235.00 Hard Money Loan (75% of ARV) $ 240,000.00 Lender FeesTaxes
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Closing Cost (2.5%) $ 3,750.00 Closing CostInsurance
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Survey & Appraisal $ 1,000.00 Closing Cost and Lender Fees $ 11,985.00
Cost to Refinance
HOA
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Additional Cost - Insurance and Taxes
$2,000
LH -Out of Pocket (Over 75% of ARV)
0
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Rehab $ 75,000.00 Total Cash to Close $ 11,985.00
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Total Investment $ 236,985.00
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REFINANCE INFOLegend For Net Profit
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ARV $ 320,000.00 GreenGood Deal
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Cost to Refinance $ 6,600.00 OrangeOk Deal
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Holding (4%) $ 9,479.40 RedNo Deal
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LTV (75%) $ 240,000.00
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LTV (80%) $ 256,000.00
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Cash in Deal/Cash Back (75% of ARV Refi)
$ (13,064.40)
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Cash in Deal/Cash Back (80% of ARV Refi)
$ 2,935.60
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Equity (75% of ARV) $ 80,000.00
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Equity (80% of ARV) $ 64,000.00
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Operating Cash Flow
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Market Rent - $ 2,700.00
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Interest Rate (Percent) 7
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Term (Years)30
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Principal & Interest (LVT 75%)$1,596.73
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Taxes $ 100.00 Go to CAD to get the tax rate
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Insurance $ 150.00
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HOA $ -
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Total Exp (mo) $ 1,846.73
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The Shake Out
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Cash Flow $ $ 853.27
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NOI (Net Operating Income) $ 10,239.29
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Market Value $ 320,000.00
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ROI (Return on Investment)85.43%
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