Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookDownload BP’s newest book here some good due diligence in Chapter 10.

-Budgeting for repairs and capital expenses:When estimating your monthly cash flow, I've heard many recommend to budget 10% for CapEx and 5% for basic repairs.

Total rehab: $17,270 (estimated was $18k and change)The numbers on this deal:Purchase Price: $72,000 cashRehab Costs:Kitchen Granite: $1300HVAC upgrade: $500Electric Fixtures: $800Interior finish: $2300Bathroom: $800New floors: $2800Dumpster: $1000Deck: $3000Microwave oven and elec: $600Rotten wood removal: $895Deck stain: $595New sod: $1795Shutters: $295Concrete stain: $495Mail box: $95Total rehab: $17,270 (estimated was $18k and change)Total cost: $89,270Sold price: $115,000Profit: ~$25,730 (after soft costs it should come out to around 20k, need to figure those)DOM: 150They really nailed the rehab budget and for that I give them credit.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookDownload BP’s newest book here some good due diligence in Chapter 10.

I bid on the Fairview property for $96,500 and lost so I'm guessing the sell price ended up being pretty close to what @Mark Updegraff estimated it at around $100k.  

Although the scores are estimates, their website should point out the problems you have on your report.No offense, that is a really low score. 

I've heard estimates of $130-$200 per sq/ft... is that correct in your opinion?

If you have a way to accumulate a lot of cash, great!

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookDownload BP’s newest book here some good due diligence in Chapter 10.

@Manolo D.I'm only requesting estimates on hard costs.