OpenScope Realty

Renovation / Flip Feasibility Calculator

Check whether a renovation or flip project stacks up.

Do the Numbers Stack Up Before You Buy?

1. Purchase

Purchase price ($)State / TerritoryLoan amount ($)Conveyancing ($)

2. Renovation

Renovation budget ($)

Contingency

3. Holding

Holding period (months)Interest rate (%)Other holding costs ($)

4. Exit

Expected resale value ($)Selling commission (%)

Target profit

5. Result

ESTIMATED PROJECT MARGIN

+$71,070

Return on project cost

10.95%

Total project cost

$648,930

Break-even sale price

$647,627

Maximum Buy Price

$519,877

The approximate purchase price at which the entered project assumptions and target margin can still work.

$19,877 BELOW FEASIBILITY BUY PRICE

Conservative | Expected | Strong

These are scenarios, not predictions.

Conservative margin

$24,851

Expected margin

$71,070

Strong margin

$110,822

Estimate only, not financial advice. Transfer duty is modelled for Victoria, New South Wales, Queensland, Western Australia and Tasmania. See the Purchase Cost Calculator for details on government-rate verification.

The calculator gives you the numbers. The property still needs the analysis.

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