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Fix-and-Flip Calculator
Flip Calculator
Purchase, rehab, holding and selling costs, profit and ROI, updated live as you type.
Example numbers are filled in. Replace them with your deal's real numbers.
The Deal
Financing
Monthly Mortgage Payment: $1,308
With Taxes & Insurance (PITI): $2,042
Holding Costs
Selling
New Sales Price
$420,000
Net Profit
$71,063
PASS
3 of 4 points
| Metric | Target | Result | Pass? | Pt |
|---|---|---|---|---|
| Net Profit | $25,000 or more | $71,063 | YES | 1 |
| ROI | 20% or more | 57.19% | YES | 1 |
| Profit Margin | 10% of sales price or more | 16.92% | YES | 1 |
| 70% Rule | Purchase at or below max offer | $240,000 / $239,000 | NO | 0 |
$2,042
Monthly Payment (PITI)
Loan $1,308 · Taxes $400 · Ins. $333
$2,342
Monthly Carrying Cost
$124,251
Cash Invested
57.19%
ROI
114.39%
Annualized ROI
16.92%
Profit Margin
Carrying Costs
| Item | Monthly | Total (6 mo) |
|---|---|---|
| Mortgage Payment (P&I) | $1,308 | $7,851 |
| Property Taxes | $400 | $2,400 |
| Insurance | $333 | $2,000 |
| Utilities & Upkeep | $300 | $1,800 |
| Total Carrying Costs | $2,342 | $14,051 |
Includes $914 of principal paid, which comes back to you at the sale.
Where the Money Goes
- Purchase & Closing$247,200 · 70.8%
- Rehab$55,000 · 15.8%
- Mortgage Interest$6,937 · 2.0%
- Holding Costs$6,200 · 1.8%
- Selling Costs$33,600 · 9.6%
Calculations
- New Sales Price
- $420,000
- Loan Amount
- $192,000
- Monthly Mortgage Payment
- $1,308
- Monthly Property Taxes
- $400
- Monthly Insurance
- $333
- Monthly Payment (PITI)
- $2,042
- Total Interest
- $6,937
- Principal Paid
- $914
- Loan Payoff at Sale
- $191,086
- Purchase Closing Costs
- $7,200
- Rehab w/ Contingency
- $55,000
- Holding Costs
- $6,200
- Selling Costs
- $33,600
- Total Project Cost
- $348,937
- Net Profit
- $71,063
- Cash Invested
- $124,251
- ROI
- 57.19%
- Annualized ROI
- 114.39%
- Profit Margin
- 16.92%
- 70% Rule Max Offer
- $239,000
Estimates for planning only, not financial advice. Rehab costs, holding time and resale price vary.
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