Identifies this property on the results and printed summary.
Property and transaction
Expected completed and stabilized value.
Title, escrow, recording, appraisal and other closing charges.
Enter the lender's applicable leverage limit.
Rental income and DSCR
Use the rent accepted by the lender, such as lease or appraisal
market rent.
Annual percentage rate used for principal-and-interest modeling.
Property:
Address not entered
PASS: The entered purchase price is within the maximum supported offer of $307,500.
Maximum supported purchase offer
$307,500
Maximum modeled loan less rehab, closing costs and lender fees
All-in financing requirement
$367,500
Price/payoff + rehab + closing costs + lender fees
All-in percentage of ARV
73.50%
All-in requirement ÷ ARV
Maximum loan by LTV
$375,000
ARV × selected maximum percentage
Maximum loan by DSCR
$376,613
Loan supported by qualifying rent and required DSCR
Maximum modeled loan
$375,000
Lower of LTV-supported and DSCR-supported loan
Modeled PITIA
$3,322
Principal, interest, taxes, insurance and HOA
Modeled DSCR
1.20
Gross monthly rent ÷ modeled PITIA
Estimated excess loan capacity
$7,500
Maximum modeled loan less all-in requirement
Amount under / over ARV limit
$7,500 under
Compares the all-in requirement with the LTV limit
Estimated monthly cash flow
$678
Gross rent less modeled PITIA; excludes maintenance,
vacancy and management
How this result was determined: The purchase price plus remaining rehabilitation, closing costs and lender fees equals $367,500, or 73.50% of ARV. The value test supports up to $375,000. The rental-income test supports up to $376,613. Therefore, the modeled maximum loan is $375,000, controlled by LTV/property value. After subtracting rehab and transaction costs, the maximum supported purchase offer is $307,500.
Important:
This calculator is an educational preliminary estimate, not a loan
approval or commitment. DSCR programs differ by lender. Actual
underwriting may change qualifying rent, value, LTV, DSCR requirement,
interest rate, points, reserves, seasoning, credit requirements,
prepayment penalties and eligible costs. Fix-and-flip ARV guidelines
and long-term DSCR guidelines are separate credit tests. Confirm all
terms with the applicable licensed lender.