House-Flipping Calculator
Property address: _________________________________________
| PURCHASE ESCROW: | ||
| 1.Purchase price: | ||
| 2.Rehab costs (“holdback”): | 10% of purchase price | |
| 3.Total costs: | Purchase price + rehab costs | |
| 4.Loan amount: | 65% of ARV | |
| 5.Loan proceeds: | Loan amount – rehab cost | |
| 6.Money to close: | Purchase price – loan proceeds | |
| 7.Loan costs (“Points”): | 3% of loan amount | |
| 8.Closing costs: | 1% Purchase Price (PP) | |
| 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 | |
| 14.Insurance: | $75 per month (average) x 4 months | |
| 15.Property taxes: | 0.011 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 annually | Net profit/initial capital | |
| 21.Cash on cash return 4 months | Line #20 multiplied by 3 (for 4 months) |