Hard Money Loan Calculator

Calculate profits on your next fix and flip project

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Property Information

Insert Subject Property Address
Total Bedroom Count
Total Bathroom Count
Total Living Sqft
Insert 1 for single family house For multi family insert total number of units

Project Details

Date you plan to close
Brief description of subject property

Deal Factors

Value of the property after all repairs have been made regardless of purchase price. Also known as "Fair Market Price"
Value of the property in current "as is" condition. Not factoring repairs needed.
The dollar amount you plan to purchase the property for
The dollar amount you estimate repair costs to be
Estimated number of months you plan to own the property from purchase date to close of escrow sale date.
Use default or enter the actual annual property taxes as reported on the county tax assessors website or enter an estimate.
Enter annual insurance price
Use default or enter the Home Owner Association fees typically charged monthly here. If paid quarterly, divide the amount by 3.
Monthly Gas Bill
Monthly Water Bill
Monthly Electric Bill
If there is any other untilities
Enter any miscellaneous holding costs.

Financing Costs

The 1st position loan amount borrowed to purchase the property and / or fund the rehab.
The 1st position points charged as a % of Mortgage Lien Amount. 1 Point = 1% in calculation.
The 1st position Interest rate and calculated interest amount based on the entire holding period.

The 2nd position loan amount borrowed to purchase the property and / or fund the rehab.
The 2nd position points charged as a % of Mortgage Lien Amount. 1 Point = 1% in calculation.
The 2nd position Interest only monthly payment amount if required by lender.

The Misc. position loan amount borrowed to purchase the property and / or fund the rehab.
The Misc. position points charged as a % of Mortgage Lien Amount. 1 Point = 1% in calculation.
The Misc. position Interest only monthly payment amount if required by lender.
Insert any miscellaneous financing-related costs here.

Buying Costs

Insurance policy to insure clear and marketable title. Changes based on area, type of policy, underwriter plus costs to search for title history.
Enter any miscellaneous buying transaction costs.

Selling Costs

Realtor Commissions as agreed in Purchase and Sale Agreement and extra fees for transaction processing. **This will change depending on what you negotiated with your realtor. If you are a realtor and list your own homes this percentage will change accordingly, as you will typically pay half the amount.
For the transfer of land charged by County from seller to buyer. Typically a % of the land value based on county assessor valuation. **It's imperative you research the correct percentage for your area as it can be vastly different.
Enter any miscellaneous selling transaction costs.
Fees charged by attorneys or escrow company at closing. Typically a % of sales price.
Fees taken from the HUD-1. County recording fees charged by escrow company.
Offers protection for mechanical systems and attached appliances against unexpected repairs not covered by homeoner's insurance; overage extends over a specific time period and does not cover the home's structure.
Costs related to offline and online advertising, printing and promotion to help advertise and promote the sale of the property.

Deal Analyzer

Property Values & Pricing
After Repair Value

Current "As Is" Value

Estimated Repair Costs

Purchase Price

Estimated Hold Time (months)

Holding Costs
Annualy
Monthly
Property Taxes
HOA & Condo Fees
Insurance Costs
Utility Costs
Miscellaneous Holding Costs
Financing Costs
First Mortgate / Lien Amount
First Mortgate Points
First Mortgate Interest (total hold time)
First Mortgage Monthly Interest Only Payment
Second Mortgate / Lien Amount
Second Mortgate Points
Second Mortgate Interest
Second Mortgage Monthly Interest Only Payment
Misc. Mortgate / Lien Amount
Misc. Mortgate Points
Misc. Mortgate Interest
Misc. Mortgage Monthly Interest Only Payment
Miscellaneous Financing Costs
 
 
 
 
Buying Transaction Costs
% of Purchase
Total
Escrow / Attorney Fees
Title Insurance / Search Costs
Miscellaneous Buying Costs
Selling Transaction Costs
% of ARV
Total
Escrow / Attorney Fees
Selling Recording Fees
Realtor Fees
Transfer & Conveyance Fees
Home Warranty
Staging Costs
Marketing Costs
Miscellaneous Selling Costs

ESTIMATED NET PROFIT & ROI SNAPSHOT

ESTIMATED NET PROFIT
EST NET PROFIT
TOTAL COSTS RETURN ON INVESTMENT (ROI)
EST NET PROFIT
POTENTIAL RETURN & PROFIT ANALYSIS
Assumes Sale is on or before

Purchase + Repair Estimate Cost Per Sq. Ft

Down Payment Required at Closing

Total Out Of Pocket Capital

My Annualized Cash on Cash Return

Total Annualized Cash on Cash Return

Purchase + Rehab Return on Investment (ROI)