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Updated about 7 years ago on . Most recent reply

User Stats

61
Posts
6
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Jeremy Taylor
  • Investor
  • Southern California
6
Votes |
61
Posts

Flipping Spreadsheet for Money costs

Jeremy Taylor
  • Investor
  • Southern California
Posted

I’m either looking for a spreadsheet or I’m going to make one that will show me what my hard money costs will likely be on a deal. I would like to be able to quickly reference what it will cost to hold a property at X terms for X amount of time. I know I can do this with a calculator but There are a lot of terms that are different and a decent amount of timeframes for my projects. If I could look at a spreadsheet or table to enter that number into my calculations I think it would speed things up for me. 

Has anyone done this or does anyone have any advice on what to include? 

Most Popular Reply

User Stats

3,926
Posts
4,386
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
4,386
Votes |
3,926
Posts
Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
Replied
@Jeremy Taylor when I'm doing quick calculations, I use 3 points and 12% and $2000 in additional fees (inspection, appraisal, documentation fees). Its a little higher than what my HML charges but it makes for round numbers and better to be over than under

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