BP has a spreadsheet or two I believe that will help you out.Might be hard to project IRR for a start-up to do an apples to apples comparison....Also don't forget the transaction costs to dispose of the property in your calc (selling costs). 

Anyway, you should be able to get a current payoff amount and then use an amortization app to determine the effective interest rate. 

Therefore, you end up paying 1% extra over the life of the loan or effective .05% more on your interest.

That said, Advanta does have a good reputation and track record - just an angle to look into that someone new to the concept would not even think to consider.As an IRA provider, they would be OK for relatively static investments that do not involve a lot of transactions. 

If they are not month-to-month then existing lease is still in effect.

Purchase transactions only - no cash out & no rate and term refinances allowedIncome limits apply ONLY in certain locations.

But I was thinking the same thing @David Ribardo, I hope Allentown is not expecting Landlords to just roll over and take the hit without it having an effect on their tenants. 

@Alexander Felice I always advise that you should never have a delayed financing transaction as an investor. 

They all kind of serve the same purpose - they show all the fees and costs with the transaction. 

So does that effect the equation.