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House Flipping Calculator

How much does flipping a house cost? How much money do I need to start flipping houses?

Do you know the answers to these questions? The best thing you can do to prepare for your next project is to understand your house flipping cost breakdown. You need to account for all of the costs during the project, not just the cost of the house and the flip. With a full understanding of the costs, you can more easily calculate your anticipated profit and identify challenges before they come up.

Use our house flipping calculator below to calculate a cost breakdown for your next project.

Purchase Price

How much you pay for a property. For single family and multi-family homes, the purchase price includes the property itself and the land the property is on.

$

Rehab Cost?

Costs associated with renovating the property.
Rehab costs should include both cost of materials and labor.

$

Interest Rate

The interest rate associated with borrowing money to fix and flip a property.

%

Anticipated Length of Project

The number of months you anticipate your house flip to take until complete.

months

Loan Amount

The amount of money you need to borrow from a lender to renovate the property.

$

Monthly Interest Payment

The amount you’ll pay in interest on your loan per month.

0

Monthly Property Taxes

The portion of the annual or semi-annual property taxes that accrue each month.

$50 $1,000
$

Monthly Insurance

The amount of property insurance due monthly. Note: House flippers typically need an unoccupied property insurance policy, which is different than a homeowner’s policy.

$20 $250
$

Monthly Utility Bills

Utility expenses like water, electric, gas, and oil, due monthly.

$50 $500
$

Other Monthly Expenses

Any other recurring monthly expenses you expect to incur throughout the project.

$0 $2,000
$

Cost of Sale

All of the fees associated with selling your rehabbed property, including realtor fees, marketing costs, closing costs, etc.

$5,000 $100,000
$

After Repair Value ?

$

Total Cost

0

Anticipated Profit

0