Learn how the Desired Profit is used to help calculate the Recommended Maximum Purchase Price that you should offer for the property, so you don't overpay!
The Flip Analyzer tool calculates two different results:
The Calculated Profit result tells you how much profit is in the deal based upon the Known Purchase price you enetered in Step 2.
Calculated Profit = After Repair Value - Purchase Price - Repair Costs - Buying Costs - Holding Costs - Selling Costs - Financing Costs
The second result calculates the Recommended Maximum Purchase Price that you should offer for the property based upon how much profit you want to make in the deal.
Maximum Purchase Price = After Repair Value - Repair Costs - Buying Costs - Holding Costs - Selling Costs - Financing Costs - Desired Profit
