Best way for wholesaler to provide numbers to a flipper?

[Gregg Pauly]

I'm a new wholesaler and am reaching out to the flippers in the audience as I try to figure out how to best arrive at my MAO on a property. Since flippers will be my customers, I want to make sure I'm providing accurate and realistic numbers that are solid so nobody's time is wasted and decisions can be made.

I'm most familiar with the ARV - cost of repairs - flipper's profit - my fee = MAO formula. I'm a bit skeptical about it's simplicity. However, it seems to be one that is used with frequency - but unsure of how it's received by flippers.

I've recently been using the BP Wholesale Calculator which is far more in depth than the formula above and includes data such as closing costs, agent commission and holding fees.  The data from this calculator seems like it would be more in line with what a flipper would need, to see if it's a viable deal.

When I take the same property and input the numbers using each of the two 'calculators' above, I get significantly different MAOs between the two. The 'simple' formula's MAO is higher than the BP calculator MAO.

Since my MAO is going to indicate how much or how little wiggle room I have for seller negotiations, I want to calculate my numbers as precisely as possible. Having said that, I don't want to over complicate how I arrive at my numbers either. Lastly, I want to provide good reports to my customers.

So,  'Simple Formula vs BP calculator vs other suggestions???  What do you think?  Thanks in advance for your thoughts.