Before you flip it.
Run the numbers.
Explore the cash, carrying costs, and potential profit behind your next renovation. Adjust a few assumptions. See what changes.
Sample numbers are loaded to get you started. Replace them with your project assumptions. Results are estimates, not a financing offer.
Start with the property
The four numbers that frame your project.
State fee estimates are built into the model. Local charges and actual closing costs may differ.
Shape the financing
Use proposed terms or compare a scenario.
This model assumes the rehab budget is fully financed. Non-Dutch interest uses evenly spaced draws over the hold period. The rate is an annual interest assumption, not an APR including fees.
Fine-tune the costs
Open each group to review the loaded assumptions.
Closing & insurance$24,129
10 days prepaid interest: $1,172. Prepaid insurance: $2,850.
Taxes & extra costs$4,793 / yr
Sale & partner assumptions3% commissions
Estimated net profit
After modeled purchase, carrying, and sale costs.
- Cash to Close
- $101,529
- Cash return (ROI)
- 42.6%
- Cash invested incl. interest
- $120,160
- Interest over hold
- $18,631
ROI uses cash invested before carrying interest as its denominator. Profit includes carrying interest.
Your scenario carries into the deal-review form.
Put the leverage in context
75% is a comparison point in this calculator, not a lender eligibility rule. Actual leverage depends on the lender, property, and borrower.
Every assumption has a line item.
Expand the details behind your estimate. Change the inputs above to explore another outcome.
Purchase Side$101,529
Monthly Payment Schedule$18,631
| Month | Balance | Monthly Pmt | Cumulative Int. |
|---|---|---|---|
| 1 | $438,600 | $3,564 | $3,564 |
| 2 | $448,600 | $3,645 | $7,209 |
| 3 | $458,600 | $3,726 | $10,935 |
| 4 | $468,600 | $3,807 | $14,742 |
| 5 | $478,600 | $3,889 | $18,631 |
Interest Saved vs Dutch: $813
Sale Side$163,443
Resale price comparison6 scenarios
These are higher-resale-price illustrations, not forecasts. To stress-test a lower sale price, reduce ARV in your project inputs.
| ARV Sale | Bump | Net Profit | ROI | Partner |
|---|---|---|---|---|
| $670,000 | +0% | $43,284 | 42.6% | $0 |
| $686,750 | +2.5% | $59,414 | 58.5% | $0 |
| $703,500 | +5% | $75,544 | 74.4% | $0 |
| $720,250 | +7.5% | $91,674 | 90.3% | $0 |
| $737,000 | +10% | $107,805 | 106.2% | $0 |
| $753,750 | +12.5% | $123,935 | 122.1% | $0 |