Development Calculators

Property Details

Purchase Price ($)

After Repair Value ($)

Project Months

Closing Costs (% of purhcase price)

3,750

Total Repair Costs

53,650

+

Total Loan Costs ($)

35,765

+

Total Project Costs to ARV (%)

85.8%

+

Total Project Costs ($)

343,165

+

Real Estate Commission (% of ARV)

Minimum Profit on ARV (%)

$40,000

Total Profit ($)

No Deal

33,888

✓

Hard Money Loan

HML to Value (%)

HML Interest Rate (%)

HML Points (%)

HML Loan Amount ($)

212,555

+

HML Loan Points Amount ($)

2,126

+

HML Total Interest ($)

15,942

+

HML Admin Fees(%)

HML Total Fees ($)

19,067

+

HML Profit Share (%)

$1,105

HML ROI Total (%)

9.49%

9.49%

+

Gap Funding

Down Payment ($)

91,095

+

Gap Points (%)

Gap Interest Rate (%)

Gap Loan Amount ($)

110,162

+

Gap Points Amount ($)

3,305

+

Gap Interest Amount ($)

12,393

+

Gap Loan Admin Fees ($)

Gap Total Fees ($)

16,698

+

Gap Profit Share (%)

$1,842

Gap ROI Total (%)

$18,540

16.83%

+

Exterior Repairs

Roof

5.6%

Concrete

1.9%

Gutters

5.6%

Garage

1.9%

Siding

1.9%

Landscaping

3.7%

Exterior Painting

3.7%

Septic

5.6%

Decks/Porches

7.5%

Foundation

1.9%

Demo

3.7%

Internal Repairs

Sheetrock

9.3%

Plumbing

5.6%

Carpentry

3.7%

Windows

5.6%

Doors

0.9%

Electrical

3.7%

Interior Painting

3.7%

HVAC

5.6%

Cabinets

0.9%

Framing

1.9%

Flooring

1.4%

Insulation

1.4%

General Components

Permits

3.7%

Termites

0.3%

Mold

1.9%

Miscellaneous

7.5%