It helps estimate ARV, rehab costs, and potential returns and offers funding options.

Estimated current value $325k-$350k What made you interested in investing in this type of deal?

Just be sure to factor in interest rates and fees when running your numbers.Know Your Numbers – Accurately estimate rehab costs, holding costs, and selling expenses.

You can read about the differences here: Cost Segregation Study Approaches ExplainedLet’s first start with what the approaches:Detailed Engineering Approach from Actual Cost RecordsDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling Approach"Rule of Thumb" ApproachSo which of these approaches is required by the IRS?

I’m estimating renovation costs at around $150,000.

I am trying to figure out if this is worth pursuing: 2021 build3 bed 2.5 bath 1 den Fenced in pool40k down40k ballon in 4 years 0% no payments Interest rate 3.125%PITI - 2961BALANCE 418000Estimated value 495000rent estimate 3200

You can put the SEV value in this website for a tax estimate.  

Why not use the higher end of the estimate and once you are serious about putting in an offer contact your broker then?

@Chantel Holsather "the estimate I got last summer was $12000" - Did you mean to say $1200?

To estimate expenses, consider setting aside a percentage for management fees, plus costs for cleaning and utilities.