1. Purchase & rehab
Purchase price
$
Closing costs (buy)
$
Rehab / renovation budget
$
Holding period before refinance (months)
Monthly holding costs during rehab
$
2. Refinance
After repair value (ARV)
$
Refinance loan-to-value (LTV)
%
Refinance interest rate (annual)
%
Refinance loan term (years)
Refinance closing costs
$
3. Rental income
Monthly rent
$
Vacancy rate
%
Property management fee
%
Maintenance / capex reserve
%
Annual insurance
$
Annual property taxes
$
Monthly HOA / other fixed cost
$
Deal summary
Buy or pass
Minimum monthly cash flow
$
Minimum DSCR
Maximum capital left in deal
%
Minimum cash on cash return
%
Verdict
BUY