Commercial Facility Financing

[Matthew Rembish]

I've been recently looking into some storage facilities and although I have a good idea of my area's cap rates, average facility NOI for particular size facilities, etc., I'm still unsure of the costs associated with financing a building. I'm aware that you can get 75-80% financing through a 7A SBA loan, but what I still don't know is:

 a. How much would a monthly payment be on a million dollar property with 20% down? Are there any online calculators for that that are accurate?

b. How long do you have to wait before refinancing? Are there any additional costs when you do?

c. How much, approximately, are closing costs for a million dollar property?