Property Flip Profit CalculatorFree online financial calculator — instant results, no sign-up
Estimate pretax flip profit after acquisition, renovation, carrying and selling costs.
Estimates only, based on the inputs and assumptions shown. This is not financial, investment, tax, or legal advice. Prices, rates and local rules may change; crypto scenarios do not predict returns. Confirm important decisions with a qualified professional.
Sign in to save results and favorites.
About the Property Flip Profit Calculator
The Property Flip Profit Calculator estimates pretax profit from buying, renovating, holding, and reselling a property. It subtracts the purchase price, purchase closing costs, renovation budget, carrying costs, and selling costs from the expected selling price. Use it to check whether a planned flip leaves a profit after the listed project expenses.
- Purchase price ($)
- The amount paid to acquire the property, in dollars, excluding purchase closing costs; the default is $220,000.
- Renovation ($)
- The total budget for repairs and improvements, in dollars; the default is $45,000.
- Carrying costs ($)
- The total expenses incurred while holding the property, such as loan interest, property taxes, insurance, utilities, and HOA dues, in dollars; the default is $12,000.
- Selling price ($)
- The expected gross resale price of the renovated property, in dollars, before selling costs; the default is $330,000.
- Selling costs ($)
- The total expenses of reselling the property, such as agent commissions, seller-paid closing charges, and concessions, in dollars; the default is $22,000.
- Purchase closing costs ($)
- The acquisition-related charges paid in addition to the purchase price, such as title, recording, legal, and loan origination fees, in dollars; the default is $6,000.
Formula and method
C = P + R + H + S + B; Π = V − C. With the defaults: C = $220,000 + $45,000 + $12,000 + $22,000 + $6,000 = $305,000.00; Π = $330,000 − $305,000 = $25,000.00.
- CTotal project cost, including selling costs, in dollars.
- PPurchase price in dollars.
- RRenovation cost in dollars.
- HTotal carrying costs for the entire holding period in dollars.
- SSelling costs in dollars.
- BPurchase closing costs in dollars.
- VSelling price in dollars.
- ΠEstimated pretax flip profit in dollars.
Add the purchase price, renovation costs, carrying costs, selling costs, and purchase closing costs to obtain total project cost. Subtract that total from the selling price to estimate pretax profit. All cost inputs are dollar totals, not percentages or monthly amounts, and each expense should be included only once.
Worked example
These are the calculator's starting values and the results it actually produces for them.
Inputs
- Purchase price220000 $
- Renovation45000 $
- Carrying costs12000 $
- Selling price330000 $
- Selling costs22000 $
- Purchase closing costs6000 $
Results
- Total project cost$305,000.00
- Pretax profit$25,000.00
How to use the Property Flip Profit Calculator
- 1Enter the purchase price and purchase closing costs separately.
- 2Enter the total renovation budget, including any contingency you want reflected in the estimate.
- 3Estimate carrying costs for the full period from acquisition through resale and enter their combined total.
- 4Enter the expected selling price and total selling costs, converting any percentage-based commissions into dollars first.
- 5Review total project cost and pretax profit, then adjust your estimates to test the effect of renovation overruns, holding delays, or a lower resale price.
Reading your result
Total project cost is the sum of all five cost inputs, including expenses paid at resale; with the defaults, it is $305,000.00. It is not necessarily the cash you must provide upfront because financing and payment timing are not modeled. Pretax profit is the selling price minus total project cost; with the defaults, it is $25,000.00. A positive result indicates an estimated profit before taxes on that profit, zero indicates break-even, and a negative result indicates an estimated loss.
Limitations
The estimate is only as complete as the costs entered. The calculator does not automatically estimate financing charges, holding duration, commissions, renovation overruns, or taxes on profit. Include applicable interest and fees in the appropriate cost inputs without double-counting them. Mortgage principal repayment should not be added as another project expense because the full purchase price is already counted. The tool does not calculate cash-on-cash return, annualized return, financing cash flows, or after-tax proceeds, and actual costs and resale value may differ from estimates.
Common questions
Are selling costs included in total project cost?+
Yes. The default total of $305,000.00 includes the $22,000 selling costs as well as purchase, renovation, carrying, and purchase closing costs. Do not subtract selling costs again from the displayed $25,000.00 pretax profit.
Should carrying costs be entered per month or for the whole flip?+
Enter the total for the entire holding period. Combine expected interest, property taxes, insurance, utilities, and other holding expenses through resale; the default $12,000 represents a total, not a monthly charge.
How should I handle a mortgage or renovation loan?+
Enter the full property purchase price, not just the down payment. Include loan interest in carrying costs and applicable financing fees once in the appropriate cost category. Do not add loan principal repayment as a separate cost; this calculator estimates project profit rather than cash received at closing.
What selling price would break even with the default costs?+
Holding all entered costs fixed, the break-even selling price is $305,000.00. If commissions or other selling expenses change with the selling price, update the selling costs input and recalculate.
Does the calculator save my information?+
Calculations run in your browser. While signed in, inputs and results are automatically recorded in account history; saving a result creates a separate saved record.
Further reading
You might also like
Mortgage Calculator
Estimate your monthly house payment including taxes, insurance and HOA.
Amortization Calculator
See how each year of payments splits between interest and principal.
Mortgage Payoff Calculator
See how extra monthly payments shorten your loan and save interest.
House Affordability Calculator
Find a home price that fits your income and debts (28/36 rule).
Rent Calculator
How much rent you can afford based on income and debts.
Debt-to-Income Ratio Calculator
Measure your monthly debt payments against your gross income.
Results are estimates for informational purposes and are not financial, medical or legal advice.