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Napkin Model
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Residential Flip Calculator
Our simple model for residential flips, no Excel needed!
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Residential Flip Calculator

Helpful Links

Zillow
Houzz Renovation Cost Guide
realtor.com
listing
Residential Flip Calculator
Input / Output Guide

This is the negotiated all-in price paid for the property.

Cost for the renovation. Total number spent on materials, time, contractors, etc.

Renovation length estimate rounded to the nearest month. Include estimated time on the market for sale.
Simple interest rate applied to all funds used for purchase and renovation. Ex. HELOC interest rate.
Estimated sale price of renovated house.
Estimated % cost of sale to after repair value. Include real estate commissions, attorney fees, etc.
Profit of the deal after all costs have been paid.

% Return of the Flip (not time weighted)
Holding Period Return=
(Net Sale Proceeds/Out of Pocket) - 1

Internal Rate of Return. Time weighted return of the project, based on renovation length. When Renovation Length is set to 12 months, IRR = Holding Period Return.
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