Fix & Flip Profit Calculator
Estimate the profit on a fix & flip deal in seconds. Adjust the home value, renovation budget, and after-repair value below to see projected profit, cash required, and reserves — all recalculated instantly as you move the sliders.
Estimates only. Actual terms vary based on market conditions, experience, credit, and other factors. Not a loan offer or commitment.
How the Profit Calculator Works
This calculator models a typical fix & flip deal: financing covers 90% of the home value plus 100% of your rehab budget. Cash Required includes your down payment, a $2,500 doc fee, and 1.5% origination on the total loan amount.
Reserves Needed covers 6 months of interest-only payments on the financed amount, plus 20% of your rehab budget held back as a contingency for cost overruns. Lenders typically want to see this cash available in addition to your down payment.
Estimated Profit takes your ARV (what the property is worth after renovations) and subtracts the home value, rehab budget, the 6-month interest reserve, a $2,500 doc fee, and 1.5% origination on the loan amount. It's a planning estimate, not a guarantee — actual profit depends on your final loan terms, how long the project actually takes, and what the property really sells for.
Fix & Flip Calculator FAQ
How is the estimated profit calculated?
We start with your ARV (After Repair Value) and subtract the home value, rehab budget, an estimated 6 months of interest-only holding costs on the financed amount, and a flat closing cost deduction. What's left is your estimated profit before your own labor or unexpected overruns.
What assumptions does this calculator make?
It assumes 90% financing on the purchase price plus 100% of the rehab budget, a placeholder interest rate, and a 6-month hold. Every deal is different — your actual loan amount, rate, and timeline depend on the specific program and your experience.
Does Cash Required include closing costs and reserves?
Cash Required includes roughly a 10% down payment on the purchase price, plus a $2,500 doc fee and 1.5% origination on the loan amount (90% of home value plus 100% of rehab). Reserves Needed is shown separately and covers 6 months of interest-only payments plus a rehab contingency — plan on having both available before you close.
How is this different from the Max Offer Price Calculator?
This tool tells you the profit on a deal you already have terms for. The Max Offer Price Calculator works backwards — starting from ARV and rehab cost — to tell you the most you should offer in the first place.
Ready to Fund This Flip?
Send me the deal you're running these numbers on and I'll tell you exactly what it costs to finance — usually within one business day.