Hard Money Rental Return Calculation

[Samantha M.]

The information presented below, is intended as a 20,000 ft view when wholesale marketing properties under contract. One component in the report will show the house performing as a rental with a loan (hard money).

With that being said, does this look correct to you from a 20,000 ft view? I generalized some items such as closing costs (8%). That will vary based on your lender, points and other conditions.

Please let me know if any information looks wrong, or if there are things you would suggest I add. Thanks

I can upload the excel file as well if that would help you evaluate it, thanks. Also, it probably comes to preference, but do most hard money investors prefer 15 or 30 year notes when they refi?