510 MICHAEL AVE

Blueprint1,284 SF
3
2
1920
N/A
CAP RATE
ROI
RTP Ratio
0.0%

-

Rental Rate

$0

Purchase Price

Total Investment
Blueprint1,284 SF
3
2
1920
N/A
Proposed Cost$0
Rental Rate-
 
CAP RATE
 
ROI
2024
RTP Ratio
Calculator Mode:
Property Type:
Single Family
Rental Type:

-

Total Investment
0%
Rental Rate AVM Prediction

Automated Valuation Modeling (AVM) uses machine learning algorithms to predict the rental rate for the subject property. These values are updated as often as monthly, based on closed transactions of similar properties in the area. Adjustments to the rental rate in the Rescover calculator will not affect the figures displayed on this card.

Property Value AVM Prediction
MLS History
No MLS history available
INITIAL INVESTMENT
Purchase Price
Plus: Rehab
Plus: Acquisition Closing Costs
Initial Project Cost
Plus: Carrying Cost Reserve (Excl. Prop Tax)
Total Cash Required
NET PROFIT
ARV
Less: Resale Costs
Less: Pro-Rated Property Tax
Less: Loan Payoff
Less: Initial Investment
Net Profit
Acquisition Method:
ACQUISITION AND PROJECT COST
$
$
$
* Monthly carrying costs include operating expenses from parameters tab. Edit Carrying Costs
REHAB & DISPOSITION TIME FRAME
$
%
LOAN AMOUNT
%
BRIDGE LOAN
%
%
NET PROFIT - FLIP ONLY
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Sales Price
Resale Costs
Loan Payoff
Gross Sales Proceeds
Less: Initial Investment
Less: Cumulative Carrying Costs
Net Profit
Net Profit Per Month
ROI
INITIAL INVESTMENT
Purchase Price
Plus: Rehab
Plus: Acquisition Closing Costs
Initial Project Cost
Plus: Carrying Cost Reserve (Excl. Prop Tax)
Total Cash Required
REFINANCE CASH IN/OUT
Permanent Loan Amount
Less: Bridge Loan Payoff
Less: Permanent Loan Fees
Cash Out
POST REFINANCE INVESTMENT BASIS
Initial Cash Investment
Less: Cash Out
Less: Carrying Costs Budget Surplus
Net Investment After Refinance
Acquisition Method: Bridge to Permanent
REHAB & VACANCY TIME FRAME
$
* Monthly carrying costs include operating expenses from Parameters tab. Edit Carrying Costs
REFI TIME FRAME & LOAN AMOUNT
%
N/A
PERMANENT LOAN
%
%
FLIP-TO-RENT YEAR 1 PROFORMA
Year 1 Total
Potential Rental Income
Vacancy Loss
Effective Rental Income
Property Tax
Property Insurance
HOA
Property Management
Leasing Commissions
Utilities
Total Operating Expenses
Net Operating Income
Loan Payment
Cash Flow from Operations
Carrying Cost Reserve Utilization
Net Cash Flow
Carrying Cost Reserve Balance

Calculating

Annual Cash Flow

INE chart

Return on Investment

CoC chart
  • Cash on Cash
  • Return on Equity

Net Equity

Wealth chart
Total Investment / Loan Summary

Calculating
Purchase Price
Plus: Title Charges
Plus: Rehab Expense$0
Total Cost$0
Less: Loan Amount()
Plus: Loan Fees
Plus: Working Capital$0
Total Investment-
KPIs

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MONTHLY OWNERSHIP COSTS

Calculating
Mortgage Payment (P&I)
Property Tax
Property Insurance
Total Monthly Costs
MONTHLY CASH FLOW

Calculating
INCOME
Potential Rental Income
Vacancy Loss
Effective Income
OPERATING EXPENSES
Property Tax
Property Insurance
HOA
Property Management
Leasing Commissions
Property Maintenance
Utility Expenses
Other Expenses
Total Expenses
Net Operating Income
NON OPERATING EXPENSES
Monthly Debt Service
Capital Expenditures
Total Non Operating Expenses
Total Cash Flow
FINANCIAL OVERVIEW

Calculating
 
Property Value

The property value displayed in this table shows the expected appreciation you will realize over the next 30 years.

The Annual Property Appreciation % specified on the model tab is the amount that the estimated property value grows by each year.

Rental Rate

The rental rate displayed in this table shows the expected future rental rates you will achieve over the next 30 years.

The Annual Rental Growth Rate specified on the model tab is the amount that the estimated rental rate grows by each year.

Monthly Cash Flow

Monthly cash flow is the average amount expected to receive each month after operating expenses and debt service are paid.

Gross Wealth Accumulation

Gross Wealth Accumulation is the amount you would expect to receive at the end of each year, including cumulative cash flow, and the gross proceeds at the sale of the home.

In some cases, the costs to sell the home, as well as the expenses related to vacancy and leasing commissions, will cause your total return to be less than the total investment in the first few years.

Net Gain on Investment

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Financial APOD table
Financial Overview table
CASH FLOW SUMMARY

Calculating
 
Effective Income
Operating Expenses
Net Operating Income
Non Operating Expenses
Annual Cash Flow
Financial APOD table

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VALUE & EQUITY

Calculating
 
Property Value
Loan Balance
Cost of Sale
Net Equity
RENTAL SCENARIO - INVESTMENT BASIS
Current Value
Less: Loan Balance
Less: Cost of Sale
Current Equity
Plus: Rehab Expense
Plus: Working Capital
Investment Basis
SELL AND REINVEST - INVESTMENT BASIS
Current Equity-
Less: Repair Allowance$0
Investment Basis-
INVESTMENT BASIS
RENTAL SCENARIO
-
SELL AND REINVEST
INVESTMENT ALTERNATIVE SELECTION
Historical Information
10-Year 30-Year Average Annual Return
-YEAR ESTIMATED WEALTH ACCUMULATION
Rental Scenario

N/A

N/A

N/A
INVESTMENT OPTIONS COMPARISON TABLE
Investment OptionInvestment BasisAnnualized ReturnWealth AccumulationNet GainNotes
Rental Investment-Includes cash flow, appreciation, amortization.
N/AN/A
N/AN/A
N/AN/A
 

OwlSchool Information

Schools

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Community Data

Own vs rent dwellings

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Tax assesor data

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Current Property Records
Leasing and Resale ExpensesMake-ready and StabilizationVacancy

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Activate Advanced Parameters!
Purchase, Loan, & Resale
Purchase
$
$
Resale
%
Loan
Loan Details
%
%
Income
Name
Total
 
Other Income

Rehab, ARV, & Stabilization

Rehab Expenses

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Working Capital Reserve
Rehab/Startup Vacancy (Year 1)
After Repair Value (ARV)
Enable Stabilization Reserve
Vacancy

Operating Expenses

 
Property Tax

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HOA
Property Insurance
Property Management
Lease Commission
Lease Renewal Fee
Platform/Booking Fees
Property Maintenance
(% of Gross Income)
Utility Expenses
Furnishing Expenses
Consumable Expenses
Cleaning Expenses
Other Expenses


Non-Operating Expenses

 
Capital Expenditures
(of gross income)

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Inflation & Appreciation

 
Annual Rental Rate Increase

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Annual Expense Inflation
Annual Property Appreciation
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