Fix and Flip Profit: $120K Buy, $35K Rehab, $220K Sale
A fix-and-flip with $120K purchase, $35K rehab, and $220K sale price generates a gross profit before selling costs of approximately $54,000.
How to use this tool
- Enter purchase price, rehab cost, holding costs, buying/closing costs, expected selling price (arv), selling costs and hold period in the fields above.
- Results update instantly as you type — or click Calculate.
- Read your gross profit and the full breakdown beneath it.
Calculate gross profit on a typical fix-and-flip deal buying at $120K, spending $35K on rehab, and selling at $220K.
Frequently asked questions
- What costs do flippers commonly underestimate?
- Holding costs (interest on hard money loans at 10–14% annualized, property taxes, insurance, utilities) are frequently underestimated. Budget 1–2% of purchase price per month you hold the property.
- What ROI do successful flippers target?
- Most experienced flippers target a minimum of 15–20% ROI per flip, or an annualized return of 30%+ to justify the risk and effort. Below 10% ROI rarely compensates for the execution risk.