Basic formula for estimating rehabs

[Paul Baldwin]

Hey there team. Wondering if there is a basic formula out there for estimating rehabs (e.g. bathroom rehab generally cost ??, kitchen rehab generally cost ?? ). Looking for a baseline for quick initial rehab estimations understanding that I'll need to do a more comprehensive estimation the deeper we get into running numbers. Is there a cheat sheet somewhere? Help? Thanks!

[Ko Kashiwagi]

Hi Paul,

Rehab costs vary a lot depending on the location. A floor rehab in Los Angeles will be different than a floor rehab in Cleveland. For ballpark numbers like this, it's probably best to contract contractors and flippers in the area. With that being said, I'm attaching a page I read on a book for reference.