?
After Repair Value (ARV) is the estimated value of the property after repairs and renovations.
Loan Amount
?
Loan Amount = (Purchase Price + Renovation Costs) x (Loan to Project Cost Percentage / 100)
Total Costs
?
Total Costs = Loan Amount + Down Payment + (Turnaround Time x Monthly Loan Repayment) + (Turnaround Time x Monthly Property Tax) + (Turnaround Time x Monthly Insurance) + (Purchase Price x Transfer Tax Percentage / 100) + Closing Costs + Realtor Fee + Origination Fee
Down Payment
?
Down Payment = (Purchase Price + Renovation Costs) x (Down Payment Percentage / 100)
Net Profit
?
Net Profit = After Repair Value (ARV) - Total Costs
Total Cash Invested
?
Total Cash Invested = Total Loan Interest Repayments + Closing Costs + Realtor Fee + Total Property Tax + Total Insurance + Transfer Tax + Origination Fee + Down Payment