RentRental Investment Calculator – With Hard Money to Conventional Financing
Hard Money vs. Conventional Loan Investment Calculator
Free Cash Flow Calculator. For more information on the rental investment calculator, see this blog article that explains more on these financial indicators.
No other free rental investment calculator online gives you the ability to compare your investment similarities and differences if you get a conventional loan vs. a hard money loan and then refinance it to a long term loan.
You will find that you will pay much more for the hard money loan and then have to pay again to refinance it thus more expenses into the project. However, what you might not know is exactly how much money out of your pocket you can save for certain projects.
In general, if the house needs a major rehab (lots of repair work) and you are concerned about conserving your capital so you can invest in more houses, then the hard money route could be best for you. On the other hand if the property does already rent ready or just needs a few minor repairs then the conventional route might be best.
Run the numbers to know for yourself.
The Deal
(Inputs)
Hard-Money Loan
Conventional Financing Terms
Hard-Money Loan
vs
Hard Money Financing Terms
Hard-Money Loan
Refinance Hard Money to Convention Terms
Refinance loan
Conventional outputs
Gains and returns
Cash flow
Conventional outputs
Cash out of pocket
Mortgage
vs
Hard money outputs
Gains and returns
Cash flow
Cash out of pocket
Hard money outputs
Mortgage
Hard-Money Closing Summary
Hard-Money Holding Period
Refi Closing Summary
This is the best online real estate:
- cash flow calculator
- rental investment calculator
- rental property profit calculator
- hard money vs conventional loan investments
- hard money refinance to a long term / conventional loan comparison
Leave me some comments and tell me what you think of this calculator.