Fix & Flip Calculator
Project the profitability of a property purchase, renovation, and sale project.
This calculator projects the complete profitability of a buy-renovate-sell (fix & flip) project, including all costs and ROI on equity.
It's ideal for flippers and investors who need to evaluate whether a renovation project is profitable before committing capital.
Enter the purchase price, renovation cost, ARV (After Repair Value), closing costs, and holding costs for a complete projection.
For example, buying a property for $200,000, investing $50,000 in renovation, and selling at an ARV of $320,000 — the calculator shows you the net profit and annualized ROI.
Project Parameters
These three numbers are enough for a read. Everything else comes preloaded with the program's standards.
Project timeline8 months across permits, work and sale
Total: 8 months. Interest accrues across all three phases.
FinancingLTC 80% · 11% annual
Access to every product at standard leverage.
Project costsContingency 10% · selling 6%
Profitability Analysis
Total investment
$359,051
Gross profit
$129,000
Net profit
$60,949
ROI on equity
83.25%
Annualized ROI
124.87%
Break-even point
$359,051
Cash in at closing
$73,214
Cash in at closing is what leaves your pocket on day one: the portion of the purchase and renovation the loan doesn't cover, plus purchase and loan closing costs. Interest and holding costs are paid over the life of the project, not upfront.
Investment Flow
Purchase → Renovation → Sale → Result
Purchase + closing
$240,014
Renovation + holding
$72,000
Net sale
$394,800
Net profit
$60,949
Underwriting Read
FinanceableHow this project looks against the actual parameters of the program we place deals through.
Work scope: light rehab (renovation under 50% of purchase value).
| Metric | Your model | Threshold | Status |
|---|---|---|---|
| LTARVLoan over after-repair value | 55.4% | ≤ 75% | Within range |
| LTCLoan over purchase plus renovation | 80.0% | ≤ 90% | Within range |
| LTAIVPurchase disbursement over as-is value | 80.0% | ≤ 85% | Within range |
| Total termThe program lends 9 to 18 months | 8 months | ≤ 18 months | Within range |
| Borrower equityOwn capital over total cost | 20.4% | ≥ 10% | Within range |
| Profit marginProfit over total cost | 17.0% | ≥ 10% | Within range |
Thresholds come from the program's leverage matrix by borrower experience, not a generic rule. Values the program flags as case-by-case aren't used here: a deal that exceeds them isn't dead, it needs approval. This isn't a credit decision — let's talk and structure it.
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Cost Breakdown
Deal Summary
You buy at $225,000, invest $60,000 in renovation, and sell at $420,000.
With 80% financing at 11% annual for 8 months, your net profit is $60,949 with an annualized ROI of 124.87%.
Your investment of $359,051 would generate $60,949 in 8 months.
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