Rehab Analysis Spreadsheet
NOTE: The spreadsheet provided below contains numbers for a specific deal that I did…these numbers shouldn’t be assumed to be the numbers that would go into your particular deal(s). If you want to learn how to estimate rehab costs and analyze deals, I highly recommend picking up my books: FLIPPING & ESTIMATING BOOKS.
For investors (and up-and-coming investors) looking for a good spreadsheet to analyze the profitability of a flip, here you go. This is one of the spreadsheets I use everyday in my business (modified to remove a lot of the crap that’s specific to my projects).
It’s a pretty straight-forward spreadsheet, and anyone who has completed a couple flips probably has their own; but for those who don’t or those who have no idea where to start, this should be helpful. Just being able to see in one place all the costs, expenses, commissions, and fees associated with a typical rehab makes the whole analysis a lot less daunting. Not to mention, the rundown of typical labor and materials costs on the worksheet should help new investors get a handle on the list of rehab costs associated with a rehab project.
The spreadsheet is currently populated with an estimate from a recent flip we completed, just to give an idea of how it’s used. Hopefully, you’ll find this useful…