Estimate your flip profit
Enter the purchase, rehab, resale value, and the holding, financing, and closing assumptions. The tool returns net profit and return on cash.
Enter your numbers to calculate.
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Fix and Flip Profit Calculator
Estimate the net profit and return on a fix and flip after purchase, rehab, holding, financing, and selling costs. Pair it with the 70 percent rule to set your offer. This is a planning tool, not investment advice.
Selling or buying soon
A calculator is a starting point. Get a full picture with a direct review of payoff, taxes, title, condition, and timing.
Profit lives in the details
Flips win or lose on two numbers: the resale value and the rehab budget. Holding cost, financing interest, and selling costs quietly eat the margin, especially when a project runs long. Use this full profit view alongside the 70 percent rule, which sets the most you should pay, and verify resale comps before you commit.
How fix and flip profit is calculated
Profit is the resale value minus every cost of the deal: the purchase price, the rehab budget, buy-side closing, the holding cost over the months you own it, the interest on any loan, and the sell-side closing including commission and transfer tax. Leaving out holding and financing is the most common way a flip looks profitable on paper and is not.
Return on investment compares that profit to the cash you actually put in, which is the part of the deal not covered by the loan. Because flips are short, the annualized return is often more telling than the raw percentage. Use this tool to pressure test a deal, then set your offer with the 70 percent rule and confirm the resale value with real comparable sales.
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Fix and flip FAQs
How do I calculate fix and flip profit?
Profit is the resale value minus the purchase price, rehab, buy and sell closing costs, holding cost over the months you own it, and the interest on any loan. Many investors forget holding and financing, which is how a flip can look profitable and lose money.
What return should a flip target?
Many investors look for a meaningful profit margin relative to the cash invested, and they watch the annualized return because flips are short. The right target depends on your market, risk, and how fast you can complete the project.
How does this relate to the 70 percent rule?
The 70 percent rule sets the most you should pay based on resale value and repairs. This profit calculator then shows the full result of the deal you are actually structuring. Use them together: the rule for the offer, this tool for the projection.
Is this investment advice?
No. It is a planning estimate that depends on an accurate resale value and rehab budget. Verify comparable sales and get real bids before you commit. This is not investment advice.
This calculator is general information for Chicago-area owners, buyers, and investors. It is not legal, tax, lending, appraisal, or brokerage advice, and rates or rules can change. Verify figures with the appropriate professionals before money moves or documents are signed. Flip results depend on an accurate resale value and rehab budget. Verify comparable sales and contractor bids. This is not investment advice.