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Rehab Draw Calculator
Rehab loans release funds in stage draws against inspected progress. This calculator allocates the budget across demo, structural, mechanical, finish, and final with typical lender holdback modeling.
released at close-out
Demo draw (gross)
$8,500
Structural draw
$12,750
Mechanical draw
$17,000
Finish draw
$29,750
Final draw
$17,000
Total draws (net of holdback)
$76,500
Total holdback
$8,500
How the math works
Rehab lenders disburse funds in 3-6 stage draws against inspected progress. Typical holdback: 10% per draw, released at final inspection. Demo and structural stages front-load work; finish and final concentrate finish-quality spend.
Short-term rehab loans often charge interest only on drawn funds, so front-loading draws increases carry cost. Pace work to match the natural rehab sequence. Banks usually allow 5-10 business days per draw review.
How to Use
- Enter total rehab budget.
- Adjust stage percentage allocations — default structure works for most flips.
- Enter lender holdback percentage (typically 10%).
Frequently Asked Questions
How long between draw request and funding?
Typically 5-10 business days. Lender sends inspector, receives inspection report, reviews invoices and lien waivers, wires funds. Plan cash flow for the gap with working capital reserves.
What if I need more than 5 draws?
Lenders usually allow up to 6-8 draws. Beyond that, some charge per-draw fees. Plan your draw schedule around natural work completion points to minimize draw count.
When is holdback released?
At final inspection and CO (certificate of occupancy). Some lenders release holdback at 90% project completion with a hold on the final 10% until true close-out. Negotiate release triggers.
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