Fix and Flip
Runs a flip from purchase to resale: total cost, profit, return on cash and the most you can offer.
Open the Fix and Flip calculatorStep by step
- 1
Enter the buy and rehab
Type the purchase price, purchase closing costs, rehab budget and a contingency percent.
- 2
Enter the financing
Set the loan as a percent of price, the rate and points. Turn on Loan covers the rehab too if it does.
- 3
Enter hold and sale
Type the months held, the resale price (ARV) and selling costs.
- 4
Set carrying and offer rules
Under More details, enter monthly taxes, insurance and utilities, the max offer rule (70% of ARV by default) and a target profit.
- 5
Download the PDF
If you like, pick a client and property in the Client & property menu above the button so the PDF says who it's for. It doesn't change your numbers. Download the Fix and Flip Analysis PDF with your name, photo and phone on it; it saves to the Results tab.
- 6
Send it to clients
The Share tab has your branded link for this calculator, with buttons to copy, text or email it. Clients can run it there on their own.
Reading the results
The top number is the projected profit or loss. Below are total cost, cash invested, ROI on cash, annualized ROI, profit margin, the max offer by the rule, and the max offer that still hits your target profit.
Assumptions
The loan is interest only for the hold. Cash invested is everything paid before the sale minus the loan. Resale price and rehab costs are estimates.
What the PDF has
Every cost line with a total and the returns.
On your branded page
Clients can run this calculator on your branded page, techybroker.com/b/{handle}, under Investing. To download the PDF they give a name and an email or phone. That adds them to your clients, and their runs and downloads show in Activity.
Questions
How is the 70% rule offer worked out?
ARV times the rule percent, minus the rehab with contingency.
What's the difference between the two max offers?
The rule offer is a quick screen. The target-profit offer uses every cost you entered to find the price that leaves your target profit.
Related
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Every PDF you download is saved, so you can preview it, download it again with your current brand, or reopen it with the same numbers.