Closing Costs
Fees and expenses paid at the time of purchase beyond the down payment.
Example Result
Sample DataBased on a sample $385,000 property with $2,850/month rent, 20% down, 7% interest rate.
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View PricingClosing Costs Formula
Purchase Price × Closing Cost %
What This Means
A sample property priced at $385,000 with $2,850/month rent has a closing costs of $11,550 at Purchase (Month 0). Closing costs are often overlooked by new investors but can add tens of thousands to your upfront investment. They directly increase your Total Cash Needed and reduce your cash-on-cash return. Always budget for closing costs when evaluating whether a deal pencils out.
Where to Find This Value
Here's where you can find the value for Closing Costs:
Closing Disclosure
The Closing Disclosure form lists all closing costs in detail
Title Company
Your title/escrow company provides a detailed breakdown of closing costs
Inputs That Determine Closing Costs
Calculations That Use Closing Costs
Platform Distribution
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Unlock Rental Property CalculatorWhy It Matters
Closing costs are often overlooked by new investors but can add tens of thousands to your upfront investment. They directly increase your Total Cash Needed and reduce your cash-on-cash return. Always budget for closing costs when evaluating whether a deal pencils out.
Detailed Explanation
Closing Costs include lender fees (origination, appraisal, underwriting), title insurance, escrow fees, recording fees, prepaid items (insurance, taxes), and attorney fees. They typically range from 2–5% of the purchase price. These costs are paid at the closing table and increase your total cash investment in the property.
Example
Based on a sample $385,000 property with $2,850/month rent, 20% down, 7% interest rate.
Related Calculations
Years Owned
UTime elapsed since the property was purchased, calculated from the purchase date to today.
Profit If Sold
UNet profit if sold today, based on actual years owned.
Return If Sold
UNet sale profit as a percentage of initial cash invested, based on actual years owned.
Total Cash to Close
UCash needed at the closing table to acquire the property.
Total Cash Invested
UTotal cash committed to the property: closing costs, rent-ready, reserves, and negative cash flow.
All-In Cost Per Unit
UTotal acquisition cost (including closing and rehab) per unit.
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