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Updated almost 7 years ago on . Most recent reply

Newbie: [Calc Review] Help me analyze this deal
This is my first time using the deal analysis calculator on a fix and flip and I'm not sure why my numbers are coming out weird. It saids that my purchase price is (-$121,346,000.00) when I entered purchase price at $175,000. I can't figure out what I did wrong. Any help would be appreciated.
*This link comes directly from our calculators, based on information input by the member who posted.
Most Popular Reply

You're not seeing the "forest". Just do the math yourself, and don't rely on the calculator. Calculate the maximum offer by reverse engineering:
Costs -
Repair $200,000
Closing 3,000
REA 27,000
Carrying 18,000
TOTAL = $248,000
Analysis -
ARV $450,000 (can't change this number)
Profit 75,000 (always pay yourself 1st...and don't change this number)
Costs 248,000
MAX OFFER $127,000 (The operative word here is "MAXIMUM", not "offer"