Estimates only. Closing cost defaults are national estimates — adjust the optional fields for your state and county. Transfer taxes vary significantly by location. The hard money loan is sized on a Loan-to-Cost basis — a percentage of the purchase price plus a percentage of the rehab budget — and is then capped at the stated ARV cap percentage as the lender's backstop. Whichever is lower is the funded loan. The remaining project cost is paid as out of pocket at purchase; all closing costs are also paid out of pocket. Fix & Hold: DSCR refi closing costs may be rolled into the loan up to available room (loan amount minus HM payoff); any remainder is out of pocket. Prepaids & escrow estimate includes prepaid interest (~15 days at the note rate), a $1,800 insurance reserve, and 3 months of tax escrow. A $75/mo maintenance reserve is included in cash flow as a baseline. P&I is calculated on the full DSCR loan amount on a 30-year fixed. Fix & Flip: Sale assumes the property sells at the entered ARV; actual sale price and timeline may vary materially. ROI is net profit divided by total cash invested (out of pocket at purchase + HM closing costs + holding costs over the hold period); annualized ROI scales that to a 12-month basis. The 70% rule is a quick sanity check on margin (max offer = ARV × 70% − rehab) and not a hard underwriting criterion. This tool does not constitute a loan commitment or financial advice. NMLS 2664654 · bonificapital.com