Fix and Flip Calculator
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Calculator estimates are educational. A real mortgage professional can review your circumstances, documentation and lender requirements. A scenario review is not a loan approval or a guarantee of terms.
210 Mortgage | NMLS #219381
Fix and Flip
Use the fix and flip calculator to estimate project profit after purchase, renovation, holding costs, interest, points and sale expenses.
Your scenario estimate
Complete the numbered sections, then select Calculate.
- Modeled holding interest
- Loan points in dollars
- All modeled project costs
- Sale price needed to cover costs
- Profit / sale price
Average-balance simple-interest approximation; no exact draw dates, daily-interest basis, income taxes, construction eligibility or financing availability. Points apply to entered origination principal.
Want me to review these numbers?
Send your question and, if you choose, attach these estimates for a personal scenario review.
Educational estimates, not approval, a rate quote or a commitment to lend. Entered rates are hypothetical modeling assumptions, not currently available 210 Mortgage rates. No APR calculation, future-rate forecast or automatic eligibility decision. User-entered fees, ratios and forecasts are assumptions. Results do not establish eligibility, a rate offer or an available credit limit. 210 Mortgage • Tyler Krug NMLS #219381 • Mortgage loans originated through My Community Mortgage, LLC NMLS #2408499 • Equal Housing Lender. See site licensing and disclosures.
How to Use the Fix and Flip Calculator
Step 1: Project uses and exit
Enter purchase, renovation, contingency dollars, cash acquisition fees, months held and expected sale price. Contingency is treated as spent in this conservative scenario.
Step 2: Financing and holding
Enter the average outstanding loan balance during holding, annual rate, origination principal used to price points, points percentage, other loan fees and monthly non-interest holding costs. Enter actual averages for staged funding.
Calculate, compare and request a review
Choose Calculate to see your estimate. Change one assumption at a time and calculate again. Contact information is optional. Use the review form or Text a Question when you need help verifying the inputs.
How the Calculator Works
Interest=average outstanding loan×annual rate/100×holding months/12. Project cost before sale=price+rehab+spent contingency+acquisition fees+points+other loan fees+interest+monthly holding×months. Profit=sale×(1−selling%)−pre-sale costs. Break-even sale=pre-sale costs/(1−selling%). Principal repayment is not an extra expense because purchase/rehab uses are already counted.
Example calculation
Hypothetical example, not an available loan offer. A $300,000 exit with6% selling costs leaves $282,000 before modeled acquisition, rehab and holding costs.
How to interpret your results
This is pre-tax profit, not guaranteed resale value or loan approval. A longer hold or renovation overrun can reduce profit substantially.
Assumptions and factors that change the result
Average-balance simple-interest approximation; no exact draw dates, daily-interest basis, income taxes, construction eligibility or financing availability. Points apply to entered origination principal.
Frequently asked questions
Does projected profit account for every potential sale cost?
Only the entered costs are modeled. Confirm financing charges, carrying expenses, repairs, contingencies and disposition costs individually. Actual sale price and timing can change profit.
Do these results mean I am approved?
No. The tool calculates the entered scenario. Documentation, property eligibility, program rules and lender review remain separate.
What should I do when an input is uncertain?
Use a documented quote or clearly labeled planning assumption. Change one input at a time, calculate again, and request a review before relying on it.