Buy, renovate and sell calculator
Would a renovate-and-sell project make a profit?
Every cost from purchase to sale, the profit, and the sale price you'd need to break even. The numbers update as you go.
The property
The address it saves under in your plan.
State
Used for stamp duty.
Purchase price
$
Renovation budget$0
Add a figure for each part of the work.
What it would sell for after the work
Your figure drives the result. Check what renovated homes nearby have sold for.
$
Time from purchase to sale6 months
Holding costs and interest are counted over this time.
1 month24 months
How you'd pay for it
Interest rate6.5%
4%12%
An assumption, charged on the price plus the renovation. A mortgage broker can tell you what applies to you.
Holding, selling and stamp duty
While you hold it
Selling
Stamp duty