Rehab Cost Calculator

Plan renovation spending with financing clarity today. Track labor, materials, fees, contingencies, and profit targets. Turn scattered estimates into confident investment decisions faster today.

Calculator Inputs

Example Data Table

Item Example Value
Purchase Price$180,000.00
Labor Cost$32,000.00
Material Cost$28,000.00
Permit Cost$4,500.00
Design Fee$3,500.00
Miscellaneous Cost$2,500.00
Closing Costs$6,000.00
Annual Interest Rate10%
Loan Points2%
Holding Months6
Financed Share75%
Contingency10%
After Repair Value$340,000.00
Selling Cost8%
Target Profit15%

Formula Used

Hard Costs = Labor Cost + Material Cost

Soft Costs = Permit Cost + Design Fee + Miscellaneous Cost + Closing Costs

Contingency Cost = (Hard Costs + Soft Costs) × Contingency %

Loan Base = (Purchase Price + Hard Costs + Soft Costs + Contingency Cost) × Financed Share %

Interest Cost = Loan Base × Annual Interest Rate × Holding Months ÷ 12

Loan Points Cost = Loan Base × Loan Points %

Financing Cost = Interest Cost + Loan Points Cost

Total Rehab Cost = Hard Costs + Soft Costs + Contingency Cost + Financing Cost

All In Cost = Purchase Price + Total Rehab Cost

Selling Cost = After Repair Value × Selling Cost %

Projected Profit = After Repair Value − Selling Cost − All In Cost

ROI % = Projected Profit ÷ All In Cost × 100

Target Profit Amount = After Repair Value × Target Profit %

Budget Gap = Target Profit Amount − Projected Profit

Break Even Sale Price = All In Cost ÷ (1 − Selling Cost %)

Maximum Allowable Offer = After Repair Value − Selling Cost − Total Rehab Cost − Target Profit Amount

How to Use This Calculator

Enter the purchase price first. Add your expected labor and material expenses. Fill in soft costs, including permits, design fees, miscellaneous items, and closing costs.

Next, enter financing assumptions. These include interest rate, loan points, financed share, and expected holding period. Add a contingency percentage for surprises during the renovation.

Then enter the expected after repair value, selling cost percentage, and desired profit target. Press the calculate button to view the summary above the form.

Review the chart and key metrics. Use the CSV and PDF buttons to save the results for lenders, partners, or internal deal reviews.

Frequently Asked Questions

1. What does this rehab cost calculator estimate?

It estimates total renovation spending, financing costs, selling costs, projected profit, target profit gap, break even sale price, and maximum allowable offer.

2. Why should I include contingency costs?

Contingency covers hidden damage, price changes, delays, and scope creep. It helps keep your deal analysis realistic and protects expected returns.

3. What is after repair value?

After repair value is the estimated market value after renovation work is finished. It is a key number for resale planning and profit analysis.

4. How are financing costs calculated here?

Financing costs combine interest expense and loan points. The calculator uses your financed share, annual interest rate, and holding period to estimate them.

5. What does maximum allowable offer mean?

It shows the highest purchase price you can pay while still covering rehab costs, selling costs, and your target profit goal.

6. Can I use this for rental rehabs?

Yes, but this version is resale focused. For rentals, also review rent, vacancy, refinance assumptions, taxes, insurance, and cash flow.

7. What does the budget gap show?

Budget gap compares your target profit with projected profit. A positive gap means the deal is under target and needs improvement.

8. Why export results to CSV or PDF?

Exports help you document assumptions, share summaries, compare multiple deals, and keep a clean record for lenders or investment partners.

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Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.