Bridge loan, renovation, the DSCR refinance, and what is actually left in the deal when the dust settles — plus the flip exit on the same numbers. Everything updates as you type. Nothing is saved and nothing is submitted.
Points are paid at closing, so they are cash out of pocket and do not accrue interest. Set them to zero if your loan is written with no points.
| In-place rent | Vacated month | Reno months | Re-leased month | Rent after reno |
|---|
Leave a unit rented while you turn the others: set its vacated month past the end of the hold and it keeps paying the whole way through.
Enter your own figures. Both usually rise after a renovation — a sale can trigger a reassessment, and a vacant or builder’s-risk policy costs more than a stabilized landlord policy. The first pair carries the hold, the second pair drives the refinance payment.
An overrun is your cash. Lenders fund the approved budget, not the overage, so going over does not enlarge the loan.
The lender’s bar and the profitability bar are not the same number, and the gap between them is where deals quietly lose money every month.
Everything else held where you set it — the value, the rents, the budget, the terms. Only the purchase price moves.
The base case is the deal as budgeted. The second column runs the same model with the renovation over, the value short, and the rents light, all at once.
Everything lands where you entered it.
The same purchase, the same renovation, two exits.
Bridge paid off by a 30-year DSCR loan.
Bridge paid off at the closing table.
The link holds every number on this page. Nothing is stored on a server — the deal travels inside the address itself.
The email goes to the address you enter and nowhere else. Sending a deal to 4GB Capital opens their form with these numbers filled in — you review it and submit it yourself.
These are the maximums across the programs 4GB Capital works with. Every one of them is an input above, so change them to match whatever your own lender quotes.
| Exits in 36 months | Max LTC on purchase | Rehab funded | Max loan to ARV |
|---|---|---|---|
| 10 or more | 100% | 100% | 80% |
| 5 to 9 | 95% | 100% | 75% |
| 1 to 4 | 90% | 100% | 75% |
| None yet | 85% | 100% | 70% |
Maximums shown. Actual leverage also moves on credit and how heavy the renovation is, and the highest figures are narrow. On the refinance side: 30-year term, up to 80% loan to value on a rate-and-term and 75% on a cash-out, with a 0.80 minimum DSCR. Full tables at 4gbllc.com/fix-and-flip.
Interest here is calculated on the full loan balance for the entire hold. Some lenders charge interest only on the funds actually drawn, which lowers the carry, often meaningfully on a long renovation. This calculator takes the conservative view on purpose — a deal that works on this page should get better under a drawn-balance loan, not worse.