Full monthly payment including principal, interest, taxes, insurance, and PMI. SWFL defaults baked in.
Based on income, debts, and DTI ratio. Assumes 28% front-end / 43% back-end DTI.
FL doc stamps on mortgage ($0.35/$100), intangible tax ($0.002/$1), title fees, recording.
How many years until buying beats renting.
FL doc stamps on deed ($0.70/$100, seller pays outside Miami-Dade), title insurance at FL promulgated rates, agent commissions, payoff.
Cap rate (NOI / price) and cash-on-cash (annual cash flow / cash invested).
Track the 45-day identification and 180-day closing deadlines.
Both deadlines are strict — no extensions. Always verify with a Qualified Intermediary.
SDE (small biz, <$1M earnings) or EBITDA (larger). Multiples vary by industry.
Typical SDE multiples: restaurants 1.5–2.5x, services 2–3x, e-comm 3–4x, SaaS 4x+.
SBA 7(a) typical: 10-yr for goodwill/biz acquisition, 25-yr w/ real estate. Rate = Prime + 2.75–4.75%.
Conventional caps at 80% to avoid PMI. FHA up to 96.5%. VA/USDA up to 100%.
Most lenders cap at 43% back-end. FHA can stretch to 50%.