Description
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An essential tool for real estate investors and Realtors analyzing properties to purchase using Hard Money Loans. The Fix & Flip app is a simple, intuitive, real estate investors calculator.
Features
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- A simple and effective tool to determine profits and ROI on Fix and Flips
- Calculates quick ROI (Return on Investment on first screen)
- User inputs purchase price, repair estimate and After Repair Value (ARV)
- Determine Maximum Loan based on Loan To Value (LTV)
- Determine Out-of-Pocket costs (if any) not covered in the loan
- Establishes Projected Closing Costs to acquire the property
- Calculates Monthly interest payment
- Establishes Total loan payments and loan costs
- Gross and Net Profit
Fix & Flip makes it simple to calculate costs and profits when using a hard money lender to acquire properties.
“Fix & Flip is considered to be an essential tool for real estate investors and Realtors in analyzing real estate deals using hard money financing. It is the quick an easy way to establish all the costs and profits of a real estate deal.” Kevin Amolsch, Pine Financial Group, Inc www.PineFinancialGroup.com