Sacro Cal

Full fix-and-flip deal worksheet: hard money loan sizing, purchase and rehab costs, holding, cost of funds, selling costs, cash needed and net profit.

The property

Hard money loan

Purchase costs

Origination points: $4,295.00 (loan × 2%)
Total purchasing costs$10,799.00

Rehab & holding

Total rehab & holding cost$67,800.00

Selling costs

Total selling cost$15,300.00

When closing with HM — closing costs

City/county tax/stamps$429.50
State tax/stamps (100% + 75% of city)$751.63
HM closing costs total$3,881.13

General closing expenses

Title insurance (0.55% of purchase)$852.50
General closing total$2,452.50

Hard money loan summary

Loan on purchase (85%)$131,750.00
Loan on rehab (100%)$83,000.00
Total HM loan$214,750.00
HM interest (12% × 6 mo)$12,885.00
Total cost of funds$12,885.00

Cash needed

Project cost excl. selling & private interest$244,103.95
Out-of-pocket cash$31,734.00
Private loan interest (15% × 6 mo)$2,380.05
Total private loan funds needed$34,114.05

Total project cost

Purchase price$155,000.00
Purchasing costs$10,799.00
Rehab & holding$67,800.00
Cost of funds$12,885.00
Selling costs$15,300.00
Total project cost$261,784.00

Net profit

Sale price$305,000.00
Total project cost-$261,784.00
Net profit$43,216.00
Profit margin (of sale price)14.2%
Cash needed (private loan funds)$34,114.05

Modeled on the Sacro Cal flip worksheet: the hard money loan covers a percentage of purchase plus rehab, origination points and interest are computed on the full loan over the holding period, and out-of-pocket cash can be funded with a private loan. Closing-cost details are shown separately — use the button to fold them into purchase closing costs. Figures are estimates for planning only.