Fix & Flip
Profit Calculator
Comprehensive deal analysis showing profitability and ROI metrics.
Analyzing Your Fix & Flip Deal
A comprehensive fix-and-flip analysis requires understanding every cost involved, from acquisition to holding to final sale. This calculator helps you model complete deal economics to identify truly profitable opportunities.
Why Complete Deal Analysis Matters
- ✓Avoid deals that appear profitable but aren't
- ✓Account for holding costs and financing expenses
- ✓Identify your true return on investment (ROI)
- ✓Compare multiple deals to prioritize time and capital
Deal Details
Purchase
Repairs
Holding
Sale
Profit Analysis
Total Investment
$416,800
Repairs
$100,000
Holding
$10,800
Selling Costs
$35,000
Net Profit
$48,200
Cash-on-Cash
11.56%
ROI
16.07%
- Purchase Price72%
- Rehab / Repairs24%
- Holding + Closing4%
How to read this: The largest slice is usually the purchase price, but rehab and holding+closing are the levers you control — tighter renovation budgets and a shorter timeline shrink those slices and protect your margin.
Costs You Cannot Forget
- ✓Hard money interest - Usually 3-6 months of payments
- ✓Property taxes during holding period
- ✓Insurance on uninhabitable properties
- ✓Project contingency (10-15% of repairs)
Key Success Metrics
- ✓Minimum 20% ROI on total investment
- ✓Purchase below 70% ARV using 70% rule
- ✓Stay under 4-6 month timeline to reduce holding costs
- ✓Exit when 25%+ profit at market value
💡 Pro Tip
Only run deals that hit your minimum ROI threshold, even if you're tempted by a property. Every day holding costs money, so the faster you can complete renovations, the better your returns. Track actual vs. estimated costs on each flip to continuously improve your analysis accuracy.
Key Metrics You Should Know
Cash-on-Cash Return
Net profit divided by your actual cash invested. Shows the actual percentage return on your down payment and capital invested in the project.
Total Investment
Purchase price plus all repairs and holding costs. This is your total capital tied up until final sale. Lower total investment with same profit = better return.
Fix & Flip Underwriting & Funding Process
How Hard Money Lenders Evaluate Your Deal
Documentation Required
- ✓Purchase agreement: Signed contract with purchase price
- ✓Scope of work: Detailed contractor estimate & timeline
- ✓ARV analysis: Comparable sales & after-repair value
- ✓Photos & condition report: Property condition documentation
- ✓Personal financial info: Business experience & reserves
What Lenders Analyze
- →LTV (Loan-to-Value): Loan amount vs. purchase price (max 70%)
- →LTARV: Loan-to-after-repair-value (up to 75%)
- →Exit strategy: How you'll repay - sale date & expected proceeds
- →Borrower experience: Track record with previous flips
- →Project cost accuracy: Conservative vs. inflated estimates
Funding Timeline & Process
Submit Deal
Provide all documentation and deal details
Review & Appraisal
Underwriter analyzes, appraisal ordered (5-7 days)
Approval & Closing
Final approval, sign docs, finalize terms
Funding
Funds transfer to close property
Typical Timeline: 5-10 business days from submission to funding
Hard Money Costs & Terms
Typical Costs
- • Interest Rate: 10-12% annually
- • Origination Fee: 2-4% of loan amount
- • Appraisal Fee: $400-800
- • Underwriting Fee: $500-1000
- • Exit Fees: 1-2% on payoff
Common Terms
- • Loan Term: 6-24 months (project-based)
- • Max LTV: 70% of purchase price
- • Max LTARV: up to 75% of after-repair value
- • Prepayment: Usually allowed with no penalty
- • Extensions: Available (extra interest)
Ready to Finance Your Flip?
We specialize in fix-and-flip financing with fast funding and competitive rates.
Get Pre-Qualified in Minutes
Our specialists review applications in minutes. No income documentation required. Closing in as little as 3 weeks.
- ✓ Pre-qualified in minutes
- ✓ No income documentation
- ✓ Closing in as little as 3 weeks
- ✓ Competitive rates for qualified borrowers
5-minute application • Commercial Lending by New City Financial