Calculator Glossary

1

Property Info

Where the house is and how big it is. Square footage powers every repair estimate.

Street addressProperty Info: The full property address. Type a few characters and pick a suggestion to auto-fill city, state, and ZIP for free.Auto-fill uses a free address lookup — no API key and no extra cost to you.
Square footageProperty Info: The total heated or living square footage of the home. Used to estimate total repair costs.Repairs = square footage x the cost per square foot from the condition you pick.
City / State / ZIPProperty Info: The city, 2-letter state code, and 5-digit ZIP for the property.These are separate fields so you can type spaces normally and edit any one of them.
Notes (optional)Property Info: Anything you want to remember about the property, the seller, or the negotiation.Notes save with the property and show on your My Properties list.

2

A one-tap repair estimate based on how rough the house is.

PrettyCondition Info: Light cosmetic work — paint, carpet, clean-up. Defaults to $10 per square foot.
YuckyCondition Info: Dated and tired — kitchens, baths, flooring, some systems. Defaults to $20 per square foot.
ScaryCondition Info: Heavy rehab — structure, roof, mechanicals, full gut. Defaults to $40 per square foot.
Cost per square footCondition Info: The dollar amount per square foot used for repairs. Edit any preset to match your market or your contractor's pricing.Your edited rates save with the property, so a $12/sqft Pretty stays $12 on that deal.

3

What the seller wants versus what you can really get it for.

Asking priceAsking Price Info: The price the seller is asking, or the current list price.If the deal comes up short, we tell you how much more to negotiate off this number.
Buy priceAsking Price Info: The price you would actually pay to control the deal. This drives your net profit and max offer.

4

Three comparable values, averaged into one number.

Comp 1 — ZillowProperty Value Info: Estimated market value from Zillow.
Comp 2 — PropStreamProperty Value Info: Estimated market value from PropStream.
Comp 3 — RedfinProperty Value Info: Estimated market value from Redfin.
Average valueProperty Value Info: The average of the comps you filled in. Blank comps are ignored.This average is the starting point for your retail list price and your ARV.

5

Your costs to sell retail, your list price, and the profit you need.

ExpensesRBP Info: Realtor commissions, repair costs, concession credits, and closing costs. Toggle each line between a flat dollar amount and a percentage.Percentage lines are calculated on the projected sold price, not the list price.
RBP list % of valueRBP Info: The share of your average comp value you plan to list at — typically 90%.
Target RBP list priceRBP Info: Your RBP list percentage applied to the average comp value. Override it any time.
Projected sold priceRBP Info: What you actually think the house will sell for. Percentage-based expenses use this number.
Your profit goalRBP Info: The minimum profit or assignment fee you want to walk away with. It drives the green/red light and your maximum allowable offer.
Max offer (MAO)RBP Info: The most you can pay and still hit your profit goal after every expense.Offer at or below this number and the stoplight turns green.

6

The same property if you assign it to a cash buyer instead.

Wholesale % of valueWholesale Info: The share of ARV a cash buyer would realistically pay.
ARVWholesale Info: After-Repair Value. Defaults to your average comp value.
Wholesale valueWholesale Info: What a cash buyer would pay. Defaults to ARV multiplied by the wholesale percentage.
Wholesale repairsWholesale Info: Repair estimate for the wholesale exit, using its own Pretty / Yucky / Scary rate. Override it if you need to.

7

How to read the green, yellow, and red lights.

Green lightResults & Stoplight: Net profit meets or beats your profit goal at your buy price. The deal works.
Yellow lightResults & Stoplight: You make money, but less than your goal. Negotiate or adjust before you commit.
Red lightResults & Stoplight: The numbers do not work at this price. We show exactly how much more you need off the asking price.
Net profitResults & Stoplight: Projected sold price minus your buy price and every expense.
Negotiate off askingResults & Stoplight: The extra discount you need from the seller to reach your profit goal.