Estimated fix-and-flip profit is calculated by subtracting the purchase price, renovation budget, contingency, estimated closing costs, holding costs and selling costs from the projected after-repair value.

The calculator provides a preliminary estimate based on the information entered. Actual profit may change if the renovation, timeline, financing costs or resale price differs from your assumptions.

The 70% rule is a common screening tool used by real estate investors. It suggests paying no more than 70% of the property’s after-repair value, minus renovation and other projected deal costs.

It is a general benchmark—not a lender guideline or a substitute for detailed due diligence. Some investors use different thresholds depending on the property, market, renovation complexity and required profit margin.

The maximum allowable offer, or MAO, is an estimated purchase-price ceiling based on the property’s projected after-repair value and anticipated project costs.

This calculator provides MAO estimates using both the 70% and 75% rules. Investors should also consider comparable sales, renovation risk, financing terms, holding time and their required return before making an offer.

After-repair value, commonly called ARV, is the estimated market value of a property after the planned renovations are completed.

ARV should be supported by relevant comparable sales whenever possible. An appraisal or lender valuation may produce a different value.

Cash to close generally includes the portion of the purchase price that is not financed, plus estimated origination, underwriting, processing and other closing costs.

The calculator’s estimate does not include every possible third-party charge, prepaid expense, reserve requirement or lender-specific condition. Your final cash requirement must be confirmed after the deal and available loan programs are reviewed.

Yes we finance up to 100% of eligible renovation costs, subject to the lender’s maximum leverage, property valuation, borrower profile and underwriting requirements.

Renovation funds are commonly released through a draw process rather than advanced entirely at closing. The applicable draw schedule, inspection requirements and borrower contribution vary by program.

A complete analysis should consider the purchase price, renovation budget, contingency, financing costs, closing costs, property taxes, insurance, utilities, maintenance, selling costs and expected holding period.

Investors should also account for unexpected repairs, construction delays and changes in the projected resale price.

The calculator is designed to provide a preliminary analysis using the numbers and assumptions entered by the user. It can help investors compare the purchase price, projected profit, maximum allowable offer, cash to close and estimated financing costs.

Results are illustrative and do not constitute an appraisal, loan approval, commitment to lend or final financing terms.

REI Deal Match™ evaluates the property, borrower profile, renovation plan, exit strategy and financing priorities against relevant programs available through REI Hard Money Lender’s lending relationships.

The objective is to identify potential financing structures based on the complete deal—including leverage, pricing, cash to close, speed, rehab funding and flexibility—not simply the lowest advertised rate.