Advantage Software LLC                             Flip Property - Flip Property Software
                                     Flip Profit or Loss Statement 
 
 
 
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    Flip Property  -  Flip Profit or Loss Statement
 
                                                           ( See Report Below )
 
  The EASY-Estimate 2.01 property flipping software rolls up your flip property financial data into a Profit or Loss Statement.  When starting a flip property project, enter all of your anticipated budget expenses.  The EASY-Estimate 2.01 software will roll up your budget expense data into a Profit or Loss Statement to estimate the potential profitability of your project.  The flip property reports can be presented to a financial institution to assist with the loan process.  When your flip project is complete, you can enter your actual costs to evaluate the accuracy of your estimates and profitability of your flip.  Documenting budgeted and actual costs will help you to improve the estimation process on future projects.

The EASY-Estimate software first calculates the Down Payment Amount for your flip property based on the loan data entered and the purchase price.  The Proceeds From Sale are calculated by subtracting the Sales Commission and Miscellaneous Sales Costs from the Sales Price.  The Purchase Price plus all costs associated with the rehab are totaled.  The Purchase + Rehab Costs are then subtracted from the Proceeds from Sale to determine the Before-Tax Profit or Loss for your flip project.  Before-tax return is calculated by dividing the Before-Tax Profit or Loss by the Purchase + Rehab costs.  A green arrow indicates that you did better than your estimate.  A red arrow indicates that you went over budget.  Note that the Total Rehab Costs amount equals the additional cash you will need to budget for the renovation of the flip property. 

The EASY-Estimate 2.01 flip property software is a powerful tool that can help you estimate the potential profit of your property flips.  To find out more about the EASY-Estimate 2.01, click on   EASY-Estimate 2.01    Click on to purchase EASY-Estimate 2.01.

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