Rehab Profitability Analysis
Losing money on rehab costs is the number one reason why many investors fail to prosper on their handyman specials. To avoid the same mistakes, you as first time home buyer Arlington need to understand how to analyze your profitability to make sure your fixer-upper is indeed a gem and not a money pit. New investors are intimated by calculating rehab costs. A simple way to determine whether your rehab is profitable is to use a rehab calculator. You can find software downloads online.

Excel spreadsheets can also be used to calculate your costs. Getting Started So here is what you need to get started. Use a three-part analysis. Best case scenario, worst case and realistic. Enter your purchase price. Next add in your purchase costs including purchase price, texas mortgage lenders, appraisal costs, credit report, title insurance, escrow and recording fees, and any other closing costs. Get estimates …