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Investor · Condotel · Cash-Out Refinance

Condotel Cash-Out Refinance Calculator

Estimate the capital gains tax you can defer with a 1031 exchange, the long-term growth of those funds, and the payment and cash to close on your replacement property.

Built by Jim Blackburn · NMLS #1072866 · $500M+ closed · 7× Scotsman Guide Top Producer

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20% minimum.

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~3-6% with a Realtor, plus 1-2% for transfer taxes, title, attorney. Varies by state.

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Typically 0%, 15%, or 20% depending on taxable income. See IRS capital gains tax rates.

Summary

Tax Saved With 1031 Exchange$41,250
15-Year Growth of 1031 Funds$64,266Assumes a conservative 3% growth compounded annually.
30-Year Growth of 1031 Funds$100,125Assumes a conservative 3% growth compounded annually.

New Purchase Summary

Desired Loan Amount$560,000
Principal & Interest Payment$3,721.93
Monthly Insurance$200
Monthly Taxes$417
HOA Paid Separately$0
Total Monthly Housing Expense$4,338.60
Cash Out of Pocket — without seller credit$285,000Reduced by the 1031 exchange funds. Not a Loan Estimate.
Cash Out of Pocket — with 6% seller credit$243,000

Important forms: 1031 exchange IRS forms.

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Estimates only — not a commitment to lend. Not tax advice; consult a qualified intermediary and tax professional.

Jim Blackburn

By Jim Blackburn

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Important Disclaimer

This calculator is for illustrative purposes only and does not constitute financial, legal, investment, or tax advice. Results are based on general assumptions and may not reflect actual performance or eligibility. This is not a loan estimate or approval. 1031 exchanges have strict IRS timelines and rules; please consult a qualified intermediary and a tax professional before making decisions.

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