BRRRR (Refinance) Analyzer (Cash,Bank, Private Money, and Hard Money)
- Tab 1 - Rental Investment analysis
- Calculates the cash required for an investment loan approval.
- Has options to use various financing: cash, bank financing, private money, and hard money lenders
- Calculates the impact of the refinance
- Calculates the forced equity in the refinanced property
- Calculates the total cash invested in the deal after refinance
- Tab 2 - Before Refinance operational analysis
- Calculates before and after-tax flow and actual tax savings from the investment, if any
- Factors in actual depreciation calculated in the depreciation schedule (included)
- Factors in additional depreciation for capital improvements (rehab)
- Factors in actual interest deduction from the loan amortization schedule
- Tab 3 - After refinance operational analysis
- Quantifies the impact of refinancing on taxes and cash flow (before and after taxes)
- Calculates actual mortgage principal payoff amount for refinancing
- Factors in refinanced interest deduction from the refinanced amortization schedule
- Factors in refinanced loan and points amortization
- Tab 4 - Five-year forecast of the property
- Factors in both refinanced and non-refinanced scenarios in the forecast
- Shows five-year projections with the custom growth rate for rent, expense, and property value
- Shows gain and tax implications if sold within five years
- Shows actual cash flow after paying off the remaining mortgage balance
- Tab 5 - Determine the depreciable basis of the property by categorizing expenses from the closing statement
- Categories cost from the closing statement to properly calculate depreciable basis
- Allocates purchase price to land and building
- Calculates amortization of the loan cost that is not deductible or capitalizable
- Quantifies the impact of refinancing on old loan fees (points) and new loan fees (points)
- Determines the depreciable cost of rehab after deducting deductible repairs
- Incorporates personal expenses that are incurred to acquire the property
- Tab 6 -Depreciation schedule of the property (both residential and nonresidential)
- Tab 7 -Deprecation schedule of the capital improvements (both residential and nonresidential)
- Tab 8- Loan Amortization Schedule
- Tab 9- Refinanced Loan Amortization
