Finished Fix and Flip, not sure how to calculate profit

[Joe Gee]

I have a fix and flip completed and sold today but I am not sure how to calculate the actual profit. The cost of the house was 210k I borrowed 34k for the rehab. I would use my own money then the lender would fund it back through draws. How do I figure out the amount I put in from my money? Is it any amount that is over the 34k?

[Greg H.]

The profit is the sales price MINUS all expenses including cost of the home, all repairs, closing costs on both transactions, loan costs, any interests, possibly mileage, marketing costs etc