Track gross equity, net sale equity and combined LTV as value and debt change.
Net sale equity + combined LTV
| Total secured debt and liens | $165,000 |
| Gross equity | $85,000 |
| Estimated selling costs | -$17,500 |
| Combined LTV | 66.0% |
| Net equity above original cash | $12,500 |
Gross equity subtracts every secured balance from current value. Net sale equity also subtracts estimated selling costs, which is closer to the cash available if you sold today. Save dated scenarios to create your own local equity history.
Estimate the annual CRIM contribución from the assessed (1957) value, exemption and your municipality's rate — before you buy, bid or sign.
The most you can bid and still hit your minimum profit. Write it down before the auction — never bid a dollar past it.
Net profit and ROI from purchase, rehab, holding, closing, ARV and selling costs — the costs beginners forget, included.
How much cash you pull back out at the refinance, and whether the property still cash-flows after.