60851

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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$123,460

Cash Investment

$-10,898

Annual Net Cash Flow

-8.8%

Annual Return

Purchase Cost

Purchase Price
$421,630
Buyer's Premium
Purchase Closing Costs
$3,951
Loan Points
$8,432
Loan Closing Costs
$5,670
Total Acquisition Cost
$439,684
Rehab Budget
$105,400
Total Project Cost
$545,084
Rental Loan Funding
$421,624
Total Cash Investment
$123,460

Loan Terms

Rental Loan Amount
$421,624
Annual Loan Payment
$30,568
Debt Coverage Ratio
0.64
Loan Points
$8,432
Loan Closing Costs
$5,670
Up Front Financing Cost
$14,103

Closing Costs

Deed/Transfer Tax - County
%
$0
Escrow/Settlement/Processing Fee
Title - Owner's Policy
%
$2,951
HOA Estoppel & Unpaid Dues
Misc.
Total Purchase Closing
$3,951
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)
$1,855
Misc.
Total Loan Closing
$5,670

Rental Income

Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$4,195
Hazard Insurance
%
$1,855
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,550
Net Operating Income
$19,670
Purchase Cap Rate
3.61%
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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.