EasyFlipEstimator

How it works

EasyFlipEstimator works backward from what the house will sell for. It doesn't start from the asking price. It finds the most you can pay and still hit your profit target.

1. What it sells for after repairs

The tool starts with what homes in the ZIP code actually sold for per square foot, from Redfin. If a ZIP doesn't have enough recent sales, it uses Realtor.com asking prices and discounts them by how often sellers there cut their price.

Type in a street address and it narrows down to the neighborhood. It compares that Census tract's home values with the ZIP as a whole and adjusts. You get a low and a high number, and the range gets tighter when there's more sales data behind it.

Have your own comps? Type your resale number over the estimate and everything recalculates.

2. The work

Every trade is priced at what it costs to hire it out, not do it yourself. Prices come from real contractor invoices, adjusted for local building costs. Most trades scale with the job: a small job pays a crew minimum, and a big one gets a better rate per foot.

Each line is split into materials and labor. The quality slider changes only the materials, since a $300 faucet takes the same time to install as an $80 one. Tap any material or labor number to enter your own quote.

The Walk the property checklist asks plain questions, like how old the roof is or whether the AC works. Each answer adds or removes the matching work.

3. Running the job and contingency

A management fee is added on top of the work: 10% if you run it yourself, more if you hire a general contractor. Then there's a contingency, 20% by default.

The contingency is the only cushion in the numbers. None of the prices are padded, so you can see exactly how much room you're leaving for surprises.

4. Carrying the house

Property tax, insurance, utilities and yard care, for as long as you own it. By default the hold time is how fast homes in the ZIP go under contract, plus rehab time and closing. Tax rates come from Census data for the ZIP or, with an address, the neighborhood.

5. Loan, closing and selling costs

Interest and points on what you borrow, closing costs when you buy, and agent and title fees when you sell. Each one is a slider, so you can set your actual terms.

The answer

Take the resale price, subtract all of the above and your profit. What's left is the most you should pay for the house.

The bar under the number compares the work plus carrying costs with the resale price. Once that passes about 40%, flips usually get too thin, so the bar turns orange.

Use it as a budget

Every number can be changed. Once you have real bids, type them in and the estimate becomes the job's budget. Tap Send this deal to share the whole thing as a link. A partner or lender can open it and see the same numbers.

What it isn't

This is an estimate built from public data and typical contractor pricing. It isn't an appraisal, an inspection, or financial advice. Walk the property and get bids before you commit.

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