Monthly Interest Payment
Other Monthly Expenses
Any other recurring monthly expenses you expect to incur throughout the project.
Cost of Sale
All of the fees associated with selling your rehabbed property, including realtor fees, marketing costs, closing costs, etc.
After Repair Value
Costs associated with renovating the property.
Rehab costs should include both cost of materials and labor.
Anticipated Length of Project
The number of months you anticipate your house flip to take until complete.
Monthly Property Taxes
The portion of the annual or semi-annual property taxes that accrue each month.
Monthly Utility Bills
Utility expenses like water, electric, gas, and oil, due monthly.
How much you pay for a property. For single family and multi-family homes, the purchase price includes the property itself and the land the property is on.
The interest rate associated with borrowing money to fix and flip a property.
The amount of money you need to borrow from a lender to renovate the property.
The amount of property insurance due monthly. Note: House flippers typically need an unoccupied property insurance policy, which is different than a homeowner’s policy.