Cameron's Real Estate Offer Generator
**** Change the red text to model your case, the calculated results are shown in blue . See field definitions below.****
Date: Asking Price:  
Mortgage Balance(s)
Name: Monthly Payment:
Address: PITI yes/no
Estimated ARV: Verified with comps!
Repair Estimate


             
% of Asking Price to ARV: 93%

(<80% indicates Motivation)

 High Equity: Yes If Yes & Pretty, Take Deed
      If Yes & Ugly, Pay Cash/ Seller Finance
Equity - % of ARV: 47%   If No, Get Deed
   
Payment to Value Ratio 0.44% (Max is 0.80% for Subject To Exit) Motivated: No Based on asking price
   
MAO (Maximum Allowable Offer) $157,500 Owe vs Ask: 57% If greater than 90%, get deed
 
Minimum Wholesale Profit Desired $11,250 ( 5% of ARV )
Initial Cash Offer - Wholesale Exit $133,875 ( 15% Below MAO )
Max Cash Offer $146,250 (5% Below MAO )
Max "Subject To" Purchase Price $180,000
Sell:       Buy:    
  Cash Expect to sell at a discount   Pay Cash Only when you can buy at or below MAO
  Give Deed Get 30% down or more   Seller Finance You can pay slightly more than cash offer, because seller can wait for their money
  Land Contract Get min 10 to 15% down   Get Deed When ever possible (ugly or pretty) when sufficient equity is available
  Lease Option Get min 3 to 5% down   Land Contract If seller will not give you the deed
  Use as Rental With Property Management Only    
 

Input Fields

  • Asking Price- What the seller is asking for the property

  • Mortgage Balance - Combined balances of any mortgage(s) on the property

  • Monthly Payment - The combined payment(s) due each month on the property

  • PITI - If the payment(s) include taxes & isurance select "yes". If not, select "no".

  • Estimated ARV - Your estimate of After Repair Value. Be sure to use comps for this and then veryify. DO NOT Guesstimate!

  • Repair Estimate - Your estimate of the cost to do necassary repairs to make it "retail sale ready".

    • Output Fields

  • % of asking price to ARV- This is the percentage of the ARV that the asking price represents, indicating your "discount".

  • Equity - % of ARV - This is the seller's total equity (ARV minus mortgage balance) as a percentage of the ARV.

  • Payment to Value Ratio - This is the percentage of the ARV that the payment represents, which gives you the opportunity to evaluate future     cash flow, should you decide to keep and rent or lease option the property.

  • MAO (Maximum Allowable Offer) - This is the number above which you should not pay if you're rehabbing. If you're wholesaling, this is     approximately what your buyer will want to pay, assuming your ARV and repair estimate are accurate.

  • Initial Cash Offer - Wholesale Exit - This is a suggested cash offer, especially if you're wholesaling.

  • Max Cash Offer - This is your suggested maximum offer if you're wholesaling.

  • Max Option Purchase Price - This a suggest maximum offer if the house needs little or no repairs and you're buying "subject to" the seller's     mortgage.

  • High Equity - If the seller has a large amount of equity to work with.

  • Motivated - Based on asking price relative to ARV.

  • Owe Vs Ask - The percentage of the asking price that is encumbered by the seller's mortgage(s).