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Free Fix and Flip Calculator

Calculate profit, ROI, and maximum offer price for your next flip. Includes 70% rule analysis and holding cost breakdown.

Quick Answer

A fix and flip calculator estimates your net profit and ROI on a house flip by factoring in purchase price, repair costs, holding costs, selling expenses, and financing. Enter your numbers to see if a deal meets the 70% rule and what your projected return will be.

Fix and Flip Calculator

Deal Basics

Estimated sale price after renovations. Use the ARV Calculator to estimate yours.

Holding & Selling

Taxes, insurance, utilities, etc.

Commissions + closing costs, typically 6–8%

Financing (optional)

Fix and Flip Investing Explained

Fix and flip investing involves purchasing a distressed property, renovating it, and selling it at a profit. Success depends on accurate ARV estimation, realistic repair budgets, and keeping holding costs in check.

The 70% Rule

Max Offer = ARV × 0.70 − Repair Costs

Fix and Flip ROI Formula

ROI = (Net Profit / Total Investment) × 100

Key Cost Categories

  • Acquisition: Purchase price, closing costs, inspection fees
  • Renovation: Labor, materials, permits — the largest variable cost
  • Holding: Property taxes, insurance, utilities, loan interest
  • Selling: Agent commissions (5–6%), closing costs (1–2%)

Use the Hard Money Loan Calculator to model your financing costs, and the ARV Calculator to estimate your after-repair value before committing to a deal.

Frequently Asked Questions

What is the 70% rule for fix and flip?

Pay no more than 70% of the ARV minus repair costs. This buffer covers holding, selling, financing costs, and your profit margin.

What is a good ROI for fix and flip?

Most flippers target 15–20%+ ROI or a minimum of $25,000 net profit per deal. Annualized ROI above 30% is considered strong in most markets.

What are typical selling costs for house flips?

Selling costs typically run 6–8%: buyer's agent (2.5–3%), listing agent (2.5–3%), and closing costs (1–2%). Budget 8% to be conservative.

What are holding costs for house flips?

Holding costs include mortgage or hard money interest, property taxes, insurance, utilities, and HOA fees — typically $1,500–$3,000 per month depending on the property and market.

How do you calculate fix and flip ROI?

ROI = (Net Profit / Total Investment) × 100, where Net Profit = ARV minus all costs. Annualized ROI divides by the holding period in years to compare across deals of different lengths.