How much cash can I pull out?
Apartment cash-out refinance calculator
Sizes a cash-out refinance on a 5 to 50+ unit building by value and by cash flow, shows which limit is holding the loan back, and estimates cash at closing.
Four workbooks for apartment buildings. Size a cash-out refinance, test a loan's DSCR, compare refinancing against holding, or run a value-add deal from the bridge loan through the permanent loan. All are free, and the example buildings are fictional.
How much cash can I pull out?
Sizes a cash-out refinance on a 5 to 50+ unit building by value and by cash flow, shows which limit is holding the loan back, and estimates cash at closing.
Will this loan clear the lender's minimum?
Builds NOI the way an apartment lender does, tests the loan you want against the minimum coverage, and shows the loan the income actually supports.
Does refinancing pay for itself before the loan ends?
Compares keeping your current apartment loan against refinancing it, including the penalty, closing costs, and the month the savings cover both.
Does the refinance pay off the bridge?
Sizes the bridge on cost, carries the interest through renovation and lease-up, and shows how much cash comes back when the permanent loan pays it off.