Step 1: Project & Land Details
Cost to acquire the vacant land.
Total square footage of the new construction.
Estimated hard costs for construction per square foot.
Architectural, engineering, permits, surveys, legal, etc.
Estimated market value of the completed property, used as estimated sale price if flipping.
Step 2: Income & Loan Details
If holding, projected annual rental income after completion.
Taxes, insurance, maintenance, management, etc., for completed property.
Max % of Stabilized Value lender will loan. (Common: 65-75%)
Max % of Total Project Cost lender will loan. (Common: 75-85%)
The annual interest rate charged during construction. (Common: 9-14%)
Total origination points (1 point = 1% of loan amount). (Common: 1-4%)
Anticipated length of the construction loan. (Common: 9-18 months)
Realtor commissions, seller-paid closing costs, etc. if selling the property.
Step 3: Financial Summary
Total Construction Cost (Hard Costs)
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Total Soft Costs
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Total Project Cost (Land + Hard + Soft)
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Potential Loan (based on LTV)
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Potential Loan (based on LTC)
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Maximum Construction Loan
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Estimated Origination Points Paid
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Total Estimated Interest Paid (during construction)
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Net Operating Income (NOI)
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Capitalization Rate (Cap Rate)
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Estimated Selling Costs
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Estimated Net Profit
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Estimated Project ROI
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Your Estimated Cash to Close / Invest
Enter your project details to see your estimated cash needed at closing.
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