Fix and Flip Calculator
Estimate the profit and return on a house flip. Enter the purchase price, rehab budget, after repair value and your holding and selling costs to see net profit, total invested and ROI.
How to calculate fix and flip profit
- Enter the purchase price and the rehab budget.
- Enter the after repair value (ARV) you expect to sell for.
- Add holding costs and selling costs to see net profit and ROI.
Examples
Buy 150,000, rehab 40,000, sell at 260,000
Purchase 150,000, rehab 40,000, ARV 260,000, holding 10,000, selling 6 percent
Net profit 44,400, ROI 22.2 percent
Frequently asked questions
How is fix and flip profit calculated?
Net profit is the after repair value minus everything you put in and the cost to sell: purchase price, rehab, holding costs and selling costs. In short, profit equals ARV minus total invested minus selling costs.
What is the after repair value (ARV)?
ARV is the price you expect the property to sell for once the rehab is finished. It is usually based on comparable sales of similar renovated homes nearby and drives the whole flip analysis.
What counts as holding costs?
Holding costs are the carrying expenses while you own the property: loan interest, property tax, insurance, utilities and HOA fees. They add up the longer the project runs, so shorter timelines protect profit.
What are selling costs?
Selling costs are what it takes to close the sale: agent commissions, transfer taxes, title and escrow fees and any seller concessions. This calculator lets you enter a percent of the sale price, a flat amount, or both.
How is flip ROI calculated?
ROI is net profit divided by total invested, times 100. Total invested is purchase plus rehab plus holding costs. For example, 44,400 of profit on 200,000 invested is a 22.2 percent return.
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