Real Estate Tools
House Flipper Worksheet
Plan repair categories, assumptions, notes, and quick project estimates.
Total project cost
$201,000.00
Projected profit
$34,000.00
Projected margin
14.47%
How to use the house flipper worksheet
- Enter the proposed purchase price and the total of your current repair worksheet.
- Combine estimated holding and closing costs in the matching field.
- Enter a researched expected resale value, then review modeled project cost, profit, and margin.
- Use project notes to record repair categories, contractor quotes, comparable sales, financing assumptions, and open questions.
Build the repair total before entering it
This quick worksheet accepts one repair total, so prepare the subtotal from individual categories first. Common categories include demolition, structural work, roof, exterior, plumbing, electrical, heating and cooling, kitchens, bathrooms, flooring, paint, permits, cleanup, and a contingency for discovered conditions.
Worked worksheet example
Consider a synthetic project with a $160,000 purchase, $35,000 repair total, $6,000 in combined holding and closing costs, and a $235,000 expected resale value. The worksheet adds the first three amounts as modeled project cost, subtracts that cost from resale value for projected profit, and divides profit by resale value for projected margin.
Important limitations
- The worksheet does not separately calculate financing, commissions, taxes, insurance, utilities, or time delays.
- Project notes stay in the browser form and are not saved or submitted by this public tool.
- An expected resale value should be supported by relevant comparable sales and local professional review.
- Estimates are planning inputs, not bids, appraisals, inspections, lending decisions, or profit guarantees.
Common worksheet mistakes
Avoid mixing costs into more than one field, using an unsupported resale value, or treating a rough repair allowance as a contractor quote. Date each estimate, note its source, and revise the worksheet when scope or timing changes.
House flipper worksheet FAQ
What belongs in holding and closing costs?
Depending on the project, include acquisition and sale closing expenses plus taxes, insurance, utilities, HOA charges, lawn care, security, and other costs during ownership.
Does the worksheet save my notes?
No. Copy important notes into your own project record before leaving or refreshing the page.
Where can I model more detail?
The full house flip calculator separates more cost categories and includes maximum-offer, break-even, financing, and downside views.
Related planning tools
Move detailed deal assumptions into the House Flip Calculator and Deal Analyzer, or use the ROI Calculator for a simpler return comparison.
What to do next
Keep exploring
Try another calculator or read the practical guides behind SEANGWORLD's money and planning tools.