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Link to in person photosSubject property
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Site (Zillow or Realtor)Bed/ baSQ FT
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ARV $250,000
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FLIPPER'S MINIMUM PROFIT$30,000Tax Website for property (required)
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WHOLESALE FEE$49,500
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FLIPPER'S PROPERTY COSTSComps (2 min)
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REHAB COSTS$50,000Site (Zillow or Realtor)Bed/ baSQ FT Sold price
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REALTOR COMMISSIONS6%$15,000
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CLOSING COSTS$2,500
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UTILITIES, TAXES, INSURANCE2%$5,000
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MONTHLY HOA$0$0
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TOTAL PROPERTY COSTS$72,500
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Questions to ask to Guessimate repairs
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FLIPPER'S MONEY COSTSLOAN AMOUNT$180,000Do you know how old the roof is?
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HOLD TIME (MONTHS)8What kind of heating source? (highlight one)FurnaceHeat pumpElectric baseboardElectric CeilingBoilerHeat pump
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INTEREST RATE12%Central Ac?
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POINTS2%$3,600On a well or septic?
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TOTAL INTEREST $14,400Foundation on a scale of 1-10
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TOTAL MONEY COST$18,000Any repairs made in the last couple years?
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General notes for repairs
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FLIPPER'S MAX OFFERARV$250,000
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Wholesale Fee$49,500Internal questions to answer
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Flipper's MINIMUM PROFIT$30,000Is the property a manufactured home? (if yes) HUD Plate? Year built?
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FLIPPER'S TOTAL COSTS$90,500In a flood zone?
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With in a mile of railroads or Airport?
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MAX OFFER$80,000
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"LEGEND" for making offers
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PROFIT CALCULATORPURCHASE PRICE$80,000Example : Offers start with a MIN PROFIT of $30,000
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FLIPPER'S PROFIT$30,000MIN HOLD TIME IS 8 Months
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MAX WHOLESALE FEE$49,500
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If rehab is above 50k Add 5,000
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Everything in yellow must be entered. Everything in Blue and green will auto fill.If property purchase price is above 200kAdd 5,000
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If property purchase price is above 300kadd 10,000
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If property purchase is above 400kAdd 20,000
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If property rehab is light and we really want the deal. We will go to 25k profit MIN
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If ARV is over 350kAdd 2 months to hold time
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Anytime that owner needs to stay in property ADD TO HOLD TIMEAdd however long they are staying to hold time
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County websitesWebsite
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Example : Dekalb County ( Auburn, Waterloo, Butler, Garrett, Corunna)Dekalb County
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