Calculate returns for fix-and-flip projects and rental properties. Get instant profit projections, cash flow analysis, and financing recommendations.
Enter the property purchase details
Loan details and costs
Down Payment: $20,000(10%)
Ongoing expenses during renovation
Includes property tax, insurance, utilities, HOA, etc.
-$600
-0.2%
-0.8%
$282,600
Let's review your deal and find ways to improve profitability.
A strong fix-and-flip ROI is typically 20% or higher. ROI between 10-20% is moderate, while anything below 10% may not justify the risk and effort involved in the project.
DSCR (Debt Service Coverage Ratio) measures a property's ability to cover its mortgage payments with rental income. Most lenders require a DSCR of 1.25 or higher, meaning the property generates 125% of the mortgage payment in net operating income.
Cap rates vary by market, but generally 5-8% is considered good. Higher cap rates (8%+) indicate better cash flow but may come with higher risk or lower appreciation potential. Lower cap rates (4-6%) are common in appreciating markets.
Typical holding costs include property tax, insurance, utilities, HOA fees, and loan interest. Budget $2,000-$3,000 per month for an average property, though this varies significantly by location and property type.
A conservative vacancy rate is 8-10% annually. This accounts for turnover periods between tenants and unexpected vacancies. In strong rental markets, you might use 5-7%, while weaker markets may warrant 10-15%.
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