House Flipping Calculator Products

Description

Successful house flipping requires accurate cost calculations. The problem is uncertainty with

• Purchase Price
• Loan Analysis
• Improvement Costs
• Project Duration
• Carrying Costs
• Investment Requirement
• Final Resale Price

These easy-to-use calculators solve the uncertainty problem quickly and accurately, allowing confident negotiations with everyone (Sellers, Buyers, Contractors, and Investors).

Three House Flipping Calculators

Project Estimate Calculator

Click Here To View Calculator Demo

• Microsoft Excel Spreadsheet or Google Sheets
• Calculates maximum buy price, expenses, total investment, and profit
• PDF with mathematical derivation of the Project Estimation Equations
• Highly customizable to meet your needs
• Delivered digitally and immediately

The House Flipping Project Estimate Calculator quickly analyzes flip houses and creates a full Project Estimate in a clear, detailed, and itemized report that includes 

The maximum buying price you can pay for the potential flip house.

All of the expenses.

• Improvement costs (construction materials and labor)
• Quiet costs (closing costs, utilities, taxes, insurance)
• Company overhead costs (employees, gas, ink, etc)

All the investment and return requirements.

• Project duration (length of time you will hold property)
• Total investment (all money needed for project)
• Profit (money made on project)

Interested in the formula? This product also contains a full mathematical derivation of the Project Estimation Equation. You not only get the final equations, but you also receive the full path to arrive there as well!

Loan Analysis Calculator

• Microsoft Excel Spreadsheet or Google Sheets
• A tool to analyze financing
• Highly customizable to meet your needs
• Delivered digitally and immediately

The House Flipping Loan Analysis Calculator helps use leverage to your advantage. Do you know that you can scale by increasing your return percentage?

Scaling works by keeping a split of the profit you create using investors’ money. It works because you didn’t have to invest anything to make that split. Using this knowledge, you can use the same amount of your own money to work several projects in the same time frame to make much more than you could working a single project without financing. Here is the best part, you can make more doing this than if you worked the single project the same number of times in a row!

Of course, you can always use investors contributions to buy properties that are currently out of your reach. We all do to get started. Just know that it is wise to analyze using investors money even when you don’t need it! That analysis is easy with this calculator.

Enter up to 3 separate loans information including 

• Loan Amount
• Percentage Points (Upfront Fees)
• Interest Rate

The Loan Analysis Calculator graphically displays

• The separate loans combined as one
• The profit for you and the investors for each loan individually and for all loans combined
• The breakout of profit for the combined financing

Then comes the magic! You can analyze how the combined loan changes the

• Project investment requirements
• Project return
• Return on investment (ROI and AROI) percentages
• The breakout of profit for the whole project
• Scalability of your operation!

The House Flipping Loan Analysis Calculator displays everything in a clear, detailed, and concise report.

Sales Price Plan Calculator

• Microsoft Excel Spreadsheet or Google Sheets
• A tool to sell the house for maximum price after improvement
• Guide to list price adjustments
• Highly customizable to meet your needs
• Delivered digitally and immediately

The house is remodeled and sparkling like a diamond! Now we have to sell it. Is selling faster always better? What if the house can sell for more than we anticipated? Shouldn’t the market decide? Should we try a few days for extra profit? Every extra day the house sits on the market is costing us more. The extra could easily outweigh the carrying costs of a few days! One thing is certain. If we don’t try to sell high, we can’t sell high! Ok, but eventually we have to sell the house and move on to the next. Instead of guessing and constantly worrying and second guessing, we developed an equation to solve these questions.

The Sales Price Plan Equation calculates and displays a complete Sales Price Plan in a clear, detailed, and itemized report. The Sales Price Plan is how we price houses to sell for maximum value. We know the sales price that we need to obtain based on the Project Estimate when we purchased the house. The best way to obtain that sales price is to answer these questions.

• What is an appropriate initial asking price?
• When should the asking price drop?
• What is the appropriate amount to drop the asking price?

The Sales Price Plan will display these answers with a table and graph. Enter the following numbers about the house.

1. Desired Sales Price
2. Average days on the market

The Sales Price Plan also has 2 configurable settings. These come with default values that work for almost everyone.

Negotiation Pad – The buying side wants to feel that they won. Let them! This pad allows the buyer to feel they received a deal by not paying the full asking price.

Market Time Factor – The full market is expected to have seen the house by the average number of days on the market. A buyer will likely pay more for the house if they fall in love with it immediately and want to buy it before the rest of the market can see it. When the full market has seen the house and no offers have been received, we must conclude that the desired sale price was too high. Now we are chasing the market. A buyer will likely pay less for the house in this situation. It is time to drop the price, find a sale, and move on to the next.

The SHV Sales Price Plan Equation is designed to sell every house for the desired sales price around the average days on the market. That means some will sell higher, others will sell lower. This depends on the market response to the particular house.

Construction Budget Estimation

• PDF Document
• Our system for setting a construction budget
• The advantages and shortcomings of our system
• Selecting the right contractors
• Delivered digitally and immediately

This document explains our system for setting a remodel budget, the advantages and shortcomings, and how we select contractors. This is a simple system, built on years of experience, over several contractors. This system is easy to use and will bring you in range with fair construction prices.

How much should construction cost? Surely you must be able to gauge whether you have a fair deal or not with more than a gut response. This product explains how construction is priced from the perspective of the contractor as well as the consumer. This is not a comprehensive guide to pricing construction. The range inside our levels allows for variation in materials and scope of work. The shortcomings section explains the boundaries where the system can break down and how to avoid it.

We work with general contractors. We are not contractors. Our core business is finding and reselling houses that need improvement. We rely on contractors to perform the work. This relationship should be mutually beneficial. Aspects of pricing and the construction market must be understood to realize a successful partnership.

Project Summary

• Microsoft Excel Spreadsheet or Google Sheets
• A tool that will create your project summary for you
• Highly customizable to meet your needs
• Delivered digitally and immediately

The Project Summary is designed to help analyze the completed flip project. Given the acquisition and disposition dates and the receipts from each category for a completed project house, this spreadsheet will calculate and display a full project summary in a clear, detailed, and itemized report. We give this summary report to each of the project investors upon completion.

We are here to help you! Please feel free to contact us with any questions you may have. We welcome your email or call and the opportunity to connect with you!