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Fix and Flip Calculator
See the profit, the cash you'll need, and your return on a flip, paying cash or using a hard money loan.
Off-market deals from Texas wholesalers, with ARV and repairs on every listing. Free to browse.
How the numbers work
Profit is the sale price minus everything you spend: the purchase, repairs, closing costs on both ends, holding costs and the cost of the loan. Interest is figured on the full loan for the whole time you own it, the way most hard money loans charge.
Cash needed and return
Cash needed is what the loan doesn't cover plus the costs you pay along the way. Selling costs come out of the sale, so they aren't in it. Return on cash is the profit divided by that cash, which is why a loan can raise your return even as it lowers your profit.
Fix and flip calculator FAQs
How do you calculate profit on a flip?
Start with the sale price (the ARV). Subtract the purchase price, repairs, buying closing costs, holding costs for the months you own it, loan interest and points, and selling costs like agent commissions. What is left is the profit.
What is a good profit on a fix and flip?
Many investors aim for at least 10% to 15% of the sale price, or $25,000 to $30,000 on a typical Texas flip, so a surprise or a slow sale does not wipe it out. Buying at or under 70% of ARV, all in, is the usual way to get there.
How does hard money change the numbers?
A hard money loan lowers the cash you put in, so your return on cash goes up, but interest and points cut the profit. The longer the project runs, the more the interest costs, so the hold time matters as much as the rate.
What holding costs should I include?
Property taxes, insurance, utilities, lawn care and any HOA dues for every month you own the house, from closing on the purchase to closing on the sale. Texas property taxes are high, so do not leave them out.