Before you flip it.
Run the numbers.
See how an as-is appraisal affects financing. Plan cash at closing and before your first rehab reimbursement, alongside costs and potential profit.
Sample numbers are loaded to get you started. Replace them with your project assumptions. Results are estimates, not a financing offer.
Follow the funding timeline: closing, draws and the exit →
Start with the property
Purchase price, renovation budget and expected resale value.
State fee estimates are built into the model. Local charges and actual closing costs may differ.
Shape the financing
Use proposed terms or compare a scenario.
An assumption until you have an appraisal. Uncheck to test a different as-is value.
These percentages are editable sample assumptions, not available terms or an approval. Credit, experience, scope, property and lender rules can change the result.
The selected caps reserve rehab funding first and reduce the purchase advance if needed. Rehab stays in a holdback; none is released at closing in this model. Actual allocation and advance-draw exceptions require lender review. The rate is annual interest, not an APR including fees.
Plan the first reimbursement
Budget for the work you pay for before the lender reimburses you.
This models reimbursement after completed work. Upfront rehab advances, inspection rules and draw timing require confirmation. For partially financed rehab, each phase is reimbursed in the same proportion as the funded budget.
Fine-tune the costs
Open each group to review the loaded assumptions.
Closing & insurance$24,129
10 days prepaid interest: $1,172. Prepaid insurance: $2,850.
Taxes & extra costs$4,793 / yr
Sale & partner assumptions3% commissions
Closing is only the first step.
Map later cash needs with the funding timeline and printable sheet →
Purchase contribution + modeled closing costs, less applied seller credit and deposit already paid.
Of the first $10,000 of work, $10,000 is temporarily fronted and modeled for reimbursement; $0 is your permanent share. Reimbursed work is already in the rehab budget and is not deducted from profit again.
This is a first-phase cash plan, not the maximum cash needed for the entire project. Later draws and lender-required reserves can need more cash. Include missing costs in Extra Costs Beyond Rehab; those are set aside here and counted once in profit.
Estimated net profit
After modeled purchase, carrying, and sale costs.
- Cash to Close
- $101,529
- Cash return (ROI)
- 42.6%
- Cash invested incl. interest
- $120,160
- Interest over hold
- $18,631
ROI uses cash invested before carrying interest as its denominator. Profit includes carrying interest.
Your scenario carries into the deal-review form.
What limits the financing?
Limiting factor: purchase-price advance limit
Every assumption has a line item.
Expand the details behind your estimate. Change the inputs above to explore another outcome.
Purchase Side$101,529
Monthly Payment Schedule$18,631
Monthly approximation after the prepaid-interest period. Non-Dutch starts with the purchase advance; the first reimbursement is added at the selected month-end. Remaining rehab draws are spread across later months, with any balance drawn at sale. Dutch uses the full commitment, including prepaid interest. Actual draw dates and daily interest will differ.
| Month | Balance | Monthly Pmt | Cumulative Int. |
|---|---|---|---|
| 1 | $438,600 | $3,564 | $3,564 |
| 2 | $448,600 | $3,645 | $7,209 |
| 3 | $458,600 | $3,726 | $10,935 |
| 4 | $468,600 | $3,807 | $14,742 |
| 5 | $478,600 | $3,889 | $18,631 |
Interest Saved vs Dutch: $813
Sale Side$163,443
Resale price comparison6 scenarios
These are higher-resale-price illustrations, not forecasts. To stress-test a lower sale price, reduce ARV in your project inputs.
| ARV Sale | Bump | Net Profit | ROI | Partner |
|---|---|---|---|---|
| $670,000 | +0% | $43,284 | 42.6% | $0 |
| $686,750 | +2.5% | $59,414 | 58.5% | $0 |
| $703,500 | +5% | $75,544 | 74.4% | $0 |
| $720,250 | +7.5% | $91,674 | 90.3% | $0 |
| $737,000 | +10% | $107,805 | 106.2% | $0 |
| $753,750 | +12.5% | $123,935 | 122.1% | $0 |