Fix and Flip Calculator
With the hard money loan calculator, we help investors uncover the high-level expenses involved in a hard money loan. When flipping a home, there are many expenses that real estate investors may leave out unintentionally.
As these expenses add up, it may leave you with less profit than you imagined. That’s why it’s vital to take an extra few minutes to work through the economics of any deal you may want to be involved in!
We help you understand your potential expenses before going into a real estate investment with a hard money loan because we care about your investments. We want you to succeed using our hard money loan, so we’ve supplied you with some high level tools and knowledge to help you on your journey!
Inputs
Use the following fields to enter your estimated deal numbers. These fields will be used to calculate the outputs that follow.
Purchase Price
Rehab Budget
After Repair Value (ARV)
Property Taxes(Per Year)
Advance As % Of Purchase
85%
Turnaround Time
( No of Months)
9
Interest Rate (Annually)
11%
State, Recording,
& Transfer Tax
1.5%
Mortgage Broker Fee
Points (Loan Origination Fee)
Real Estate Broker Fee
Outputs
The following fields are calculated using the information you have entered above.
Please keep in mind that we believe these calculations to be reasonably accurate but they are just estimates
Total Project Cost
Net Profit
Return on Project Cost
Purchase And Rehab Cost
Loan Amount
Loan To Deal Cost
Monthly Interest Payment
Points Cost
Total Interest Cost
Real Estate Broker Fee (Sale)
Mortgage Broker Fee
Approx. Property Insurance
Approx. Title Insurance
State, Recording, Transfer Tax
Before you Invest, Use our Hard Money Loan Calculator
The Hard Money Loan Calculator provides reasonable estimates for the expenses of a real estate investment using a hard money loan. If you are considering using a hard money loan for your next real estate investment, take some time to work out the high-level expenses with our FREE loan calculator!
We take the guesswork out of your initial real estate investment financials by providing you with the tools you need to plan out your investment. We take brokers’ fees, title insurance, property insurance, points adjustments, and many other common investment expenses into consideration with our hard money loan calculator. Although the list may not be exhaustive, this hard money loan calculator is an excellent tool to start planning your real estate investment and to gain a high-level understanding of your potential expenses for the life of your loan.
See Your Profit Potential
Our loan calculator takes an adjusted rate of return based on your estimated turnaround time and after-repair value (ARV). With our calculator, you can change different settings to estimate the rates and expenses you need to maintain to be in the green. This tool gives you the ability to quickly input the numbers of a deal to see its potential for profitability and its feasibility for success.