Budget and track your real estate rehab costs
For educational purposes. Not financial advice. Consult a real estate professional.
Tools that pair well with this calculator — selected by our team.
| Tool | Best For | Network |
|---|---|---|
| DealCheck | 30% recurring through Awin | Awin |
| BiggerPockets | Real estate investor network | Direct |
We may earn a commission if you click above. Calculator is free to use.
Key metrics: purchase price, renovation costs, holding costs (mortgage, taxes, insurance), selling costs (agent fees, closing costs), and timeline. The spreadsheet should calculate your profit margin and ROI per deal.
They are only as good as your estimates. Renovation costs are the most commonly underestimated item. Always add a 15-20% contingency buffer to your renovation budget.
The 70% rule: Offer = ARV (After Repair Value) × 70% - Estimated Renovation Costs. This ensures you have margin for unexpected costs and still make a profit when you sell.