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House Flipping Calculator Excel Template

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House Flipping Calculator Excel Template. Monitor house cleaning and rehab services in a ready spreadsheet. Instant download. Printable, editable.

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TEMPLATE DESCRIPTION

Do want to calculate your profit from house rehab activities? Finally here’s our House Flipping Calculator Excel Template to track flipper expenses and selling margins.

House Flipping Spreadsheet

This is a simple Excel spreadsheet to:

  • List your properties
  • Record all renovation expenses
  • Calculate total profit from fix and flip business

How to use House Flipping Calculator Excel Template?

Firstly, the flipping tracker spreadsheet includes a Property List Menu and Property Pages.

1. Property Menu

Above all, on the Menu section, you’ll find a list to record your property details such as:

  • Address
  • City/State
  • IP/Postal Cod
  • Country/Region
  • # of Bedrooms
  • # of Bats
  • Sqft
  • Property Type

Home Renovation List

Also, on the same list, you’ll see “Go” buttons. So, these buttons will navigate you to the relevant property page, where you’ll add all other expense and income details.

You can add up to 25 properties in this list to track house rehab expenses.

2. Property Pages

Now, it’s time to calculate house flipping expenses and profit for each property. The property pages include three main sections:

  • Property Information
  • Expense Recording
  • Summary

a. Property Information Section

Firstly, on the left-hand side you’ll find general property information, which come from the main dashboard list. You can add new information here if you like.

House Flipper Info

Secondly, just under the general info, you’ll find Purchase information area. So, you’ll record all the expenses you’ve made for that property under three main cost groups:

  • Purchase costs: Purchase Price, Inspections, Appraisals, Surveys, Lawyer Fees, Closing Cost, etc.
  • Monthly Holding Costs: Mortgage payments, taxes, insurance, Water, Electricity, Gas, etc.

Property Buy Sell Profit

Then, you should also add Sale Costs, such as Sale Price, Commissions to Agents, Buyer Home Warranty, Buyer Termite Letter, Closing Costs, etc on your House Flipping Calculator Excel Template.

So, these metrics will be used to calculate your profit from fix and flip activities.

b. House Flipping Expense Recording Section

Secondly, you will record your flipping expenses on the list. You can add:

  • Expense Date
  • Cost Type: Labor, Material or Overhead
  • Description
  • Lastly the expense amount

Home Renovation Expense Spreadsheet

c. Property Financial Summary Section

After adding all your details, you can analyze your summary on the right-hand side of the Excel House Flipping Calculator property pages.

House Flipper Summary

Nonetheless, you have a summary list, where you can see your cost summary for the property. Then, you can see the Total Cost, Sale Price and Total Profit metrics. Lastly, you’ll see a profit Margin chart to show you actual margin from house flipping business for that property.

Finally, you have also a notes section to write down any specific details or explanations about that property. This is a free-text section for you.

Home Renovation Spreadsheet

That’s all for the template! Besides, come back to the main menu and add a new property!

So, take control of your real estate investments with the House Flipping Calculator Excel Template, designed specifically for house flippers and real estate investors. Additionally, easily manage and track properties with detailed financial breakdowns for every stage of your investment.

Perfect for?

So, this House Remodel Calculation Spreadsheet is a perfect tool for:

  • Fix & flip investors
  • Real estate agents
  • Property managers
  • House flippers

Thus, our template keeps you organized, focused, and profitable.

House Flipping Calculator Excel Template Features Summary:

  • Simple flipper cost spreadsheet
  • All-in-one template to calculate house flipping profit
  • Ready-to-use Excel template
  • Printable property info sheets included
  • Also editable
  • No installation, no setup
  • Works both on Mac and Windows
  • Compatible with Excel 2010 and later versions
  • Does not include any VBA macros

House Flipping Calculator is a ready-to-use Excel Template and provided as-is. If you need customization on your reports or need more complex templates, please refer to our custom services.

 

FREQUENTLY ASKED QUESTIONS

House Flipping Calculator Excel Template Product FAQ

A house flipping calculator is a spreadsheet tool that estimates potential profit from real estate investment properties. It calculates purchase costs, renovation expenses, holding costs, selling costs, and net profit to determine if a flip is financially viable.

Formula: Net Profit = ARV (After Repair Value) – Purchase Price – Renovation Costs – Holding Costs – Selling Costs – Financing Costs.

Express as ROI: (Net Profit / Total Investment) × 100.

Our Excel house flipping template automates these calculations using built-in formulas.

Maximum purchase price should not exceed 70% of ARV minus estimated repair costs.

Yes, the Someka House Flipping Calculator Excel template is fully editable. You can modify expense types, colors, property info headers, and also change the logo.

Our House Flipping Calculator Excel template lets you add up to 25 different properties.

Cash offers faster closing and no interest costs but ties up capital. Financing leverages capital for multiple projects but adds interest expenses. Calculate both scenarios to compare ROI.

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