Fix and Flip Calculator
See what a fix and flip project could return. Enter the purchase price, the repair budget, how long you hold the property, and the price you expect when you sell.
- Free
- Works offline after your first visit
- Saves on this device
- No sign-up
- Updated
How it works
Money put in is the purchase price, the repairs, and the holding costs for the months you own it. Profit is the sale price less selling costs and the money put in. The return is profit divided by money put in, as a percent.
The page uses only the numbers you type. Purchase closing costs, loan interest, and repairs or a sale that run late or over are not included unless you add them to the figures.
Worked example
Buying at $150,000.00, spending $40,000.00 on repairs and $1,200.00 a month for 6 months, then selling at $260,000.00, gives a profit of $42,000.00, a return of 21.3% on the money put in.
Questions
Why does the holding time matter?
Every month you own the property adds holding costs, such as loan interest, taxes and insurance. A longer project can use up the profit.
Should I count my own labor?
Only if you plan to pay yourself for it. Otherwise leave it out, or add it to the repair budget.
What about selling costs?
Agent fees and closing costs can be a large share of the sale. Enter them as a percent of the sale price.
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