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Fix & Flip Profit Calculator
Ballpark your profit and ROI on a flip after purchase, rehab, financing, selling, and closing costs. For real numbers on your deal, call us at 817-984-3129.
Fix & Flip Profit Calculator
Project estimated profit and ROI on a Texas flip after purchase, rehab, financing, selling, and closing costs.
How to use this calculator
A flip is profitable in the spread between what you are all in for and what the finished home sells for. The trouble is that the all in number is bigger than most people first count. This tool adds up every side of the deal so the profit you see is the profit you keep.
Here is what each input means:
- Purchase price. What you pay for the property up front.
- Rehab budget. The full cost to renovate, including materials, labor, and permits. Add a contingency for what you cannot see yet.
- Holding costs. What it costs to own the property while you work on it: loan interest, property taxes, insurance, and utilities. The longer the project, the more this matters.
- Financing costs. Points and interest on your loan over the time you expect to hold it.
- Selling costs. Agent commissions and closing costs on the sale, often six to eight percent of the sale price.
- After-repair value (ARV). What the finished home should sell for, based on recent comparable sales.
The result is your estimated profit and your return on the cash you put in. These are estimates to help you plan, not a quote or a commitment to lend.
The numbers that decide a flip
We fund a lot of Texas flips, so we see what separates the good ones. A conservative ARV, a rehab budget that leaves room for surprises, and a realistic hold time are usually the difference between a deal that prints and one that drags. When your numbers are tight, the financing has to be too, which is why we underwrite in-house and pay your draws as the work gets done. See how a deal is structured on our fix and flip loan page, run the loan side through the hard money loan calculator, or call us at 817-984-3129.
Fix and flip calculator FAQs
What costs do flippers most often leave out?
Three of them. Holding costs while you own the property (loan interest, property taxes, insurance, and utilities), selling costs on the back end (agent commissions and closing costs that often run six to eight percent of the sale price), and a contingency for the rehab surprises that show up once the walls are open. Leave those out and a deal can look profitable on paper and lose money at the closing table.
What is the 70 percent rule?
A quick sanity check many flippers use: pay no more than about 70 percent of ARV minus your rehab budget. On a property worth 300,000 finished with a 50,000 rehab, that points to roughly 160,000 all in on the purchase. It is a starting filter, not a guarantee. Run the full numbers here, because taxes, holding time, and selling costs move the real answer.
What ROI or profit should I aim for?
That is your call and depends on your risk and how long the project ties up your cash. Most investors we work with want the profit to be worth the months and the risk, with enough cushion that a slow sale or a rehab overrun does not wipe it out. The calculator shows both the dollar profit and the return on the cash you put in, so you can judge the margin before you commit.
How do I estimate ARV?
Look at what comparable, fully renovated homes nearby have actually sold for in the last few months, not list prices and not your best case. A conservative ARV protects you on every other number in the deal. We form our own view of value when we underwrite, so if your ARV and ours are far apart, that is worth talking through before you buy.
Does this include my loan costs?
Yes. Enter your financing costs (points and interest over the time you expect to hold the property) and they flow into the profit estimate. For a deeper look at the loan side, leverage, points, and cash to close, use the hard money loan calculator.
Run your flip by us
Send us the property and your numbers. We underwrite in-house, so we can tell you fast whether it works.