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Updated almost 10 years ago,
Flip Calculator Results
I entered an example flip into my own calculator and into the bigger pockets to compare. Unfortunately, the bigger pockets calculator shows a number about $5,000 higher than my spreadsheet (25% higher), with the same input numbers and I cannot figure out why, and its driving me nuts. I am sure my spreadsheet is correct as I can see all the numbers and calculations. I also think the bigger pockets calculator is right after being reviewed and used by so many people. So I would guess I must not be understanding something or entering in data incorrectly. I made screen shots of everything, but don't see a way to attach a file so I will just enter what I can. Can anybody figure out how the BP spreadsheet is calculating the profit with the numbers I entered?
Thanks -- Jason