I have a property that will have income while I flip is there a calculator to take this in to account ?
If not I would love if some one can help me with an excel sheet to do the math or any other way thanks.
Numbers are as follows
Purchase price 170K
Current Monthly Income $2150
Current Monthly Expenses $1458
Gut cost 65K
Planning permits and closing costs 20K
Loan interest 12 Percent on 75 LTV
ARV 1 year hold time (I am adding a unit) 365K
please someone I really need help here.