Fix and flip calculator
Profit, ROI and the most you should offer on a flip.
Projected profit
$40,950$380,000 resale · 6 months held
- Total cost$339,050
- Cash invested$70,450
- ROI on cash58.1%
- Annualized ROI150%
- Profit margin10.8%
- Max offer (70% rule)$200,000
- Max offer for $40,000 profit$220,880
- Purchase$220,000
- Purchase closing$4,400
- Rehab with contingency$66,000
- Loan interest$13,310
- Loan points$4,840
- Carrying$3,900
- Selling costs$26,600
Your name, photo and phone number go on it.
Questions
What's the 70% rule?+
A common starting point: offer no more than 70% of the resale value minus repairs. You can change the percentage.