Comp 1
Price per sq ft
Free Underwriting Tool
Fix and Flip Deal Analyzer
Enter your numbers, see if the deal works, and know your max offer in about two minutes.
Step 1 of 6
Property and Comps
Property type
The property
Property address
The home you plan to buy and renovate.
ZIP
Square footage after rehab *
Beds
Baths
After repair value
Use recent sales (last 6 months) of similar homes nearby. Your agent or wholesaler can usually provide these.
Estimated ARV
$0
Median $0/sq ft
Median sale $0
Add a sale price and square footage to plot your comps.
3 or more comps gives a more reliable estimate.
Override calculated ARV
Optional. Leave blank to use the comp estimate.
Add square footage after rehab and a comp sale price and square footage, or your own ARV to continue.
Common questions
Fix and flip numbers, explained
After repair value is the estimated sale value once your renovation is complete. Recent sales of similar nearby homes help estimate it. This tool is not an appraisal.
It is a rough screening rule: multiply ARV by 70% and subtract rehab to estimate a purchase ceiling. It does not account for every cost or financing structure.
Many flippers aim for at least 15% of the sale price to leave room for surprises. A suitable target depends on the property, market and risks.
The tool tests purchase prices while recalculating loan limits, closing costs, points and interest until the profit goal is met. The offer is rounded down to the nearest $1,000.
Plan for the purchase amount not advanced, closing costs, points, fees, unfunded rehab, contingency, holding costs and estimated interest. Actual funding and reserves depend on the deal.