Fix and Flip ROI Calculator
Last updated: March 2026
Use this calculator to estimate your return on investment for a fix and flip project. Enter your purchase price, renovation budget, expected after repair value, and holding period to see projected profit and ROI.
How to Use This Calculator
- Enter the property purchase price
- Enter your estimated rehab costs
- Enter the expected after repair value (sale price)
- Set your projected holding period in months
- Enter your interest rate, closing costs, and down payment percentage
Example Fix and Flip ROI Scenario
| Purchase Price | $200,000 |
| Rehab Cost | $50,000 |
| After Repair Value | $350,000 |
| Holding Period | 6 months |
| Interest Rate | 11% |
| Down Payment | 15% |
Illustrative only. Actual returns depend on the specific deal.
Frequently Asked Questions
What is ROI on a fix and flip?
Return on investment (ROI) for a fix and flip is the net profit divided by total cash invested, expressed as a percentage. It measures how much return you earned relative to the capital you put in.
What is annualized ROI?
Annualized ROI adjusts the ROI percentage to reflect a 12-month equivalent, making it easier to compare projects with different holding periods.
What costs should I include in my ROI calculation?
Include purchase price, rehab costs, closing costs on both buy and sell sides, holding costs (interest, insurance, taxes, utilities), and any financing fees.
What is a good ROI for a house flip?
ROI targets vary by market and risk tolerance. Many investors aim for a minimum of 15-20% cash-on-cash return, though actual results depend on the specific deal, market conditions, and execution.
How does the holding period affect ROI?
Longer holding periods increase total costs (interest, insurance, taxes) which reduce net profit and ROI. Shorter, well-executed projects typically yield higher annualized returns.
Related Resources
Related Resources
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