FREE RESOURCE
Flip Calculator
Run the numbers. Understand what goes into them.
START HERE · VIDEO WALKTHROUGH
Watch Jake walk through the numbers.
Follow the original spreadsheet tutorial, then work through your own assumptions below.
35 min 49 sec · Recorded using Excel. This web version has a different layout and some updated calculation rules.Press play to begin. Pause, seek, or change playback speed as you work through your numbers.
Open video in a new tab ↗123 Main Street
Phoenix, AZExample property
Your Numbers
Enter your estimates. Your results update as you go.
CALCULATED TOTALProject costs$221,000
Selling costs & profit target
Properties save in this browser on this device. They are not synced to an account. Your numbers are not shared with the team.
LEARN THE METHOD
The numbers are a starting point.
Explore how the Flip Secrets program approaches deal analysis, scopes of work, funding, and exit strategies.
How this calculator models a deal
- Hard money is estimated as a percentage of ARV. Actual loan limits and draw timing must be verified with the lender.
- The gap loan covers project costs less the hard money loan, plus hard money points, interest, and admin fees. Gap points and interest are additional costs.
- Annual interest is simple interest on the full estimated principal for the entire project. Holding costs are a fixed total you enter and must update if the timeline changes.
- Sale commission and resale closing-cost percentages apply to each tested resale price. The resale slider does not change ARV or re-underwrite the loan.
- Profit sharing is applied after the modeled costs. Loss sharing is off unless explicitly selected. The actual partner agreement governs.
- The target is the greater of your minimum dollar amount or percentage of ARV, compared with your share of profit. Meeting it does not mean a property is a recommended purchase.
- Sample values illustrate the workbook’s approach. They are not lender quotes or recommended fee levels. Income taxes, draw schedules, extension penalties, and unentered costs are excluded.