60846

Rental Analyzer

Use the Rental Analyzer below to estimate the potential profit and return on investment from your next deal. Edit the assumptions to adjust the calculation.

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$122,803

Cash Investment

$-8,415

Annual Net Cash Flow

-6.9%

Annual Return

Purchase Cost

Purchase Price
$419,310
Buyer's Premium
Purchase Closing Costs
$3,935
Loan Points
$8,386
Loan Closing Costs
$5,660
Total Acquisition Cost
$437,291
Rehab Budget
$104,800
Total Project Cost
$542,091
Rental Loan Funding
$419,288
Total Cash Investment
$122,803

Loan Terms

Rental Loan Amount
$419,288
Annual Loan Payment
$30,398
Debt Coverage Ratio
0.72
Loan Points
$8,386
Loan Closing Costs
$5,660
Up Front Financing Cost
$14,046

Closing Costs

Deed/Transfer Tax - County
%
$0
Escrow/Settlement/Processing Fee
Title - Owner's Policy
%
$2,935
HOA Estoppel & Unpaid Dues
Misc.
Total Purchase Closing
$3,935
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
Title Search
Wire/Courier
Recording and Mortgage
Lender Underwriting Fee
Appraisal
Lender Processing
Prepaid Loan Reserve
(Months)
$0
Prepaid Insurance
(Months)
$1,845
Misc.
Total Loan Closing
$5,660

Rental Income

Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,172
Hazard Insurance
%
$1,845
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,517
Net Operating Income
$21,983
Purchase Cap Rate
4.06%
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Disclaimer: Information on estimated costs and profitability is provided for informational purposes and is deemed to be valid and reliable, but is not guaranteed. It is your sole responsibility to independently confirm and verify all information upon which you may rely or use.