Fix and flip calculator
Estimate the profit, return and cash needed on a flip, including loan interest, points, holding costs and selling costs. Wholesalers can use it to see a deal through their buyer’s eyes.
Flip numbers
Holding costs are taxes, insurance and utilities while you own the house. Selling costs usually include agent commissions and seller closing costs. Repairs are assumed to be paid in cash.
An estimate only. Real projects often run over on time and repairs.
How the calculator works
Net profit = ARV − total cost
Return on cash = net profit ÷ (down payment + repairs + buying costs + interest + points + holding)
Interest is calculated on the loan amount for the full number of months, which is how most short-term hard money loans charge. If your lender also funds repairs, your cash needed will be lower and your return on cash higher.
What makes a good flip?
- Profit that still looks acceptable if repairs run 15% over and the sale takes two extra months.
- A purchase price near or below the 70% rule for your market.
- A realistic ARV from sold comps. Use the ARV calculator.
Flip margins have tightened. ATTOM’s latest data in our State of Wholesaling 2026 report shows typical gross margins falling over the past two years, so careful numbers matter more than ever.
Frequently asked questions
Why should a wholesaler use a flip calculator?
Most cash buyers are flippers. If the flip does not work in this calculator, your buyer will not pay your price. Compare both paths in wholesaling vs fix and flip.
What holding costs should I include?
Property taxes, insurance, utilities, lawn care and any HOA dues for every month you own the property.
Does this include taxes on the profit?
No. Income tax on flip profits depends on your situation. Ask a tax professional.
Get the full deal analyzer
The free kit includes our spreadsheet analyzer, starter contracts and seller script.