60971

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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$164,689

Cash Investment

$-20,203

Annual Net Cash Flow

-12.3%

Annual Return

Purchase Cost

Purchase Price
$568,170
Buyer's Premium
Purchase Closing Costs
$4,977
Loan Points
$11,363
Loan Closing Costs
$6,315
Total Acquisition Cost
$590,825
Rehab Budget
$142,000
Total Project Cost
$732,825
Rental Loan Funding
$568,136
Total Cash Investment
$164,689

Loan Terms

Rental Loan Amount
$568,136
Annual Loan Payment
$41,190
Debt Coverage Ratio
0.51
Loan Points
$11,363
Loan Closing Costs
$6,315
Up Front Financing Cost
$17,678

Closing Costs

Deed/Transfer Tax - County
%
$0
Escrow/Settlement/Processing Fee
Title - Owner's Policy
%
$3,977
HOA Estoppel & Unpaid Dues
Misc.
Total Purchase Closing
$4,977
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)
$2,500
Misc.
Total Loan Closing
$6,315

Rental Income

Monthly Market Rent
$2,600
Potential Gross Rent
$31,200
Vacancy Factor
%
$1,560
Effective Gross Rent
$29,640
Property Taxes
%
$5,653
Hazard Insurance
%
$2,500
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,653
Net Operating Income
$20,987
Purchase Cap Rate
2.86%
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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.