What you pay to acquire the property, before rehab.
Total renovation budget: materials, labor, permits, surprises.
Appraised value once the rehab is done — drives the refinance loan amount.
Gross rent before expenses. Compare to the 1 % rule (rent ≥ 1 % of all-in).
Conventional investment-property cash-out refis usually cap at 70–75 % of ARV.
Quote from your lender. Investment property rates typically run 0.5–1 % above primary.
30-year fixed is the default. Shorter terms lower total interest but raise the monthly.
Property tax + insurance + HOA + maintenance + PM + vacancy reserve. Not the mortgage payment.
Utilities, insurance, interest on short-term financing during the rehab window. Adds to all-in cost.