Rehab Analysis Spreadsheet
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…