| Component | Notes |
|---|---|
| Down payment | Set by your loan program; investment loans often require more than owner-occupied |
| Closing costs | Lender, title, and settlement charges on your Loan Estimate |
| Points / lender fees | Optional rate buydowns and origination charges |
| Inspection & appraisal | Paid during the option period or by the lender |
| Prepaids & escrow | Initial insurance premium and tax/insurance escrow deposits |
| Rehab / make-ready | Work needed before renting |
| Initial reserves | Cash held for vacancy and repairs; some lenders require months of reserves |
| Contingency | A buffer on rehab and unknowns |
Example
| Item | Amount |
|---|---|
| Down payment | $75,000 |
| Closing costs | $9,000 |
| Repairs | $6,000 |
| Reserves (3 months of outflow) | $8,400 |
| Total cash to have available | $98,400 |
See your total cash invested
The Deal Generator totals down payment, closing, and initial costs automatically.
Run the NumbersSources & Further Reading
- Consumer Financial Protection Bureau — Buying a house: loan estimates and closing disclosures. www.consumerfinance.gov/owning-a-home/
- Federal Reserve Bank of St. Louis (FRED) — 30-Year Fixed Rate Mortgage Average in the United States. fred.stlouisfed.org/series/MORTGAGE30US
Sources accessed for review on October 5, 2026. Laws, rates, and programs change — confirm current details at the source.
713 Metrics provides educational and informational tools and content. Nothing on the platform constitutes financial, investment, tax, legal, lending, appraisal, brokerage, insurance, or real-estate advice. Users should independently verify information and consult appropriate licensed professionals.