Quickly calculate many of the pieces you need in evaluating your offer on a property. This solution allows you to calculate the Maximum Allowable Offer, generate a quick Default Repair Budget, figure the cost of capital on rental or flip loans, calculate your return on investment (and your partner’s return as well). The “What am I clearing?” calculator allows you to consider offers from buyers and counter their offer knowing the impact on your bottom line. When the phone call comes from a potential seller you can start asking for information about the house and very quickly learn their payment amount and how much they still owe on the property. Gather data for a few more minutes and the Linked Offer Calculator will show you up to six possible deal scenarios.
If the property would work with some component of seller-financing or taking it subject-to the existing financing, there’s a calculator for that as well. It’s everything you need to develop multiple offers and deal structures. This will allow you to say “yes” to more deal possibilities. This little workbook will pay for itself over and over again in your business.
This is an Excel-based solution that requires you to own a copy of Microsoft Excel. The workbook is macro-enabled so you’ll need to enable macros in order to run the program. If you have never enabled macros in Excel, follow this link to learn how.
There are two downloads. The first document is the licensing agreement. Be sure you read it. By using the product you affirming that you have read, understand, and agree to the terms of the End User License Agreement. Note that that this is for FlipCalcs only and does not affect or replace the EULA with Microsoft. The second download is the program itself.
Each calculator has an instructional video. Even the main menu has one. Click on the video badge to view it.